P/E ratio for Qiwi (QIWI.ME)
P/E ratio as of April 2024 (TTM): 0.5387
According to Qiwi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.538728. At the end of 2021 the company had a P/E ratio of 2.17.
P/E ratio history for Qiwi from 2016 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 2.17 | -59.44% |
| 2020 | 5.35 | -64.67% |
| 2019 | 15.1 | -5.88% |
| 2018 | 16.1 | -9.35% |
| 2017 | 17.7 | -7.32% |
| 2016 | 19.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Visa V | 33.1 | 6,036.71% | 🇺🇸 USA |
 eBay EBAY | 20.5 | 3,707.12% | 🇺🇸 USA |
 Western Union WU | 6.77 | 1,156.45% | 🇺🇸 USA |
 Euronet Worldwide
EEFT | 18.9 | 3,410.36% | 🇺🇸 USA |
 Evertec EVTC | 26.0 | 4,718.09% | 🇺🇸 USA |
 Mobile TeleSystems MTSS.ME | 9.62 | 1,685.55% | 🇷🇺 Russia |
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.