P/E ratio for Z Energy (ZEL.NZ)
P/E ratio at the end of 2021: 20.7
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 20.7.
P/E ratio history for Z Energy from 2014 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 20.7 | -237.78% |
| 2020 | -15.1 | -229.36% |
| 2019 | 11.6 | 33.58% |
| 2018 | 8.71 | -10.8% |
| 2017 | 9.76 | -72.99% |
| 2016 | 36.2 | -84.34% |
| 2015 | 231 | 3268.04% |
| 2014 | 6.85 |
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.