Z Energy
ZEL.NZ
#4132
Rank
$1.22 B
Marketcap
$2.35
Share price
0.00%
Change (1 day)
-3.29%
Change (1 year)

P/E ratio for Z Energy (ZEL.NZ)

P/E ratio at the end of 2021: 22.5

According to Z Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.6756. At the end of 2021 the company had a P/E ratio of 22.5.

P/E ratio history for Z Energy from 2014 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202122.5-237.78%
2020-16.3-229.36%
201912.633.58%
20189.44-10.8%
201710.6-72.99%
201639.2-84.34%
20152503268.04%
20147.43

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.