Demant
DEMANT.CO
#1972
Rank
S$11.03 B
Marketcap
$50.02
Share price
3.18%
Change (1 day)
-8.41%
Change (1 year)
Categories
William Demant Holding is a medical device company from Denmark. It is specialized in the field of hearing aids and diagnostic instruments.

P/E ratio for Demant (DEMANT.CO)

P/E ratio at the end of 2022: 20.9

According to Demant's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.9774. At the end of 2022 the company had a P/E ratio of 20.9.

P/E ratio history for Demant from 2002 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202220.9-29.42%
202129.6-33.86%
202044.733.36%
201933.539.57%
201824.06.2%
201722.60.32%
201622.5-7.3%
201524.340.46%
201417.3-3.95%
201318.0-7.93%
201219.62.33%
201119.1-2.58%
201019.6-8.82%
200921.549.36%
200814.4-38.18%
200723.3-9.53%
200625.8-0.58%
200525.936.74%
200419.0-1.57%
200319.31.17%
200219.1

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.