According to Topdanmark's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.4187. At the end of 2022 the company had a P/E ratio of 16.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 16.2 | 12.34% |
2021 | 14.4 | -20.28% |
2020 | 18.1 | -0.89% |
2019 | 18.2 | -3.01% |
2018 | 18.8 | 55.96% |
2017 | 12.0 | 9.38% |
2016 | 11.0 | -34.6% |
2015 | 16.8 | 32.18% |
2014 | 12.7 | 39.25% |
2013 | 9.15 | 26.85% |
2012 | 7.21 | -29.51% |
2011 | 10.2 | 33.99% |
2010 | 7.64 | 14.6% |
2009 | 6.66 |
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.