P/E ratio for Trustpower (TPW.NZ)
P/E ratio at the end of 2021: 62.4
According to Trustpower 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 56.024. At the end of 2021 the company had a P/E ratio of 62.4.
P/E ratio history for Trustpower from 2001 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 62.4 | 216.44% |
| 2020 | 19.7 | -2.17% |
| 2019 | 20.1 | 79.51% |
| 2018 | 11.2 | -12.98% |
| 2017 | 12.9 | -17.47% |
| 2016 | 15.6 | 65.75% |
| 2015 | 9.43 | 13.62% |
| 2014 | 8.30 | -12.88% |
| 2013 | 9.53 | 11.41% |
| 2012 | 8.55 | -20.47% |
| 2011 | 10.7 | -2.31% |
| 2010 | 11.0 | -29.81% |
| 2009 | 15.7 | 24.79% |
| 2008 | 12.6 | |
| 2006 | 17.8 | 43.07% |
| 2005 | 12.4 | 5.12% |
| 2004 | 11.8 | 13.07% |
| 2003 | 10.4 | |
| 2001 | 16.0 |
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.