P/E ratio for Pzena Investment Management (PZN)
P/E ratio as of April 2024 (TTM): 12.9
According to Pzena Investment Management's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.8667. At the end of 2021 the company had a P/E ratio of 8.77.
P/E ratio history for Pzena Investment Management from 2008 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 8.77 | -36.34% |
| 2020 | 13.8 | -24.9% |
| 2019 | 18.3 | 67.5% |
| 2018 | 10.9 | -59.98% |
| 2017 | 27.4 | 146.26% |
| 2016 | 11.1 | -30.24% |
| 2015 | 15.9 | 7.74% |
| 2014 | 14.8 | -30.87% |
| 2013 | 21.4 | 46.51% |
| 2012 | 14.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 T. Rowe Price
TROW | 16.2 | 25.84% | 🇺🇸 USA |
 Virtus Investment Partners VRTS | 12.1 | -5.98% | 🇺🇸 USA |
 Carlyle Group CG | 40.8 | 217.28% | 🇺🇸 USA |
 AllianceBernstein AB | 15.2 | 18.00% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.