P/E ratio for Unite Group (Unite Students) (UTG.L)
P/E ratio at the end of 2022: 10.5
According to Unite Group (Unite Students)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1066.36. At the end of 2022 the company had a P/E ratio of 10.5.
P/E ratio history for Unite Group (Unite Students) from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.5 | -10.98% |
| 2021 | 11.8 | -139.2% |
| 2020 | -30.2 | -20.16% |
| 2019 | -37.8 | -533.44% |
| 2018 | 8.73 | 11.9% |
| 2017 | 7.80 | 29.01% |
| 2016 | 6.04 | 77.79% |
| 2015 | 3.40 | -51.61% |
| 2014 | 7.03 | 6.33% |
| 2013 | 6.61 | 131.01% |
| 2012 | 2.86 | -97.25% |
| 2011 | 104 | 693.22% |
| 2010 | 13.1 | -252.1% |
| 2009 | -8.62 | 558.52% |
| 2008 | -1.31 | -82.42% |
| 2007 | -7.44 | -225.09% |
| 2006 | 5.95 | -38.08% |
| 2005 | 9.61 | -20.13% |
| 2004 | 12.0 | -196.1% |
| 2003 | -12.5 | 138.55% |
| 2002 | -5.25 | -94.55% |
| 2001 | -96.3 |
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.