Playtech
PTEC.L
#3618
Rank
S$3.89 B
Marketcap
Isle of Man
Country
$12.77
Share price
1.22%
Change (1 day)
75.06%
Change (1 year)

P/E ratio for Playtech (PTEC.L)

P/E ratio at the end of 2022: 21.4

According to Playtech's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3153.37. At the end of 2022 the company had a P/E ratio of 21.4.

P/E ratio history for Playtech from 2006 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202221.4470.64%
20213.74-182.35%
2020-4.55-93.65%
2019-71.6-732.56%
201811.3-5.03%
201711.9-28.91%
201616.8-25.13%
201522.447.99%
201415.1267.15%
20134.12-70.76%
201214.157%
20118.98-56.44%
201020.610.31%
200918.7-18.34%
200822.9-13.58%
200726.5142.23%
200610.9

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.