P/E ratio for Zalando (ZAL.DE)
P/E ratio as of September 2023 (TTM): 61.7
According to Zalando's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 61.6716. At the end of 2021 the company had a P/E ratio of 78.2.
P/E ratio history for Zalando from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 78.2 | -22.73% |
| 2020 | 101 | -10.42% |
| 2019 | 113 | 3.31% |
| 2018 | 109 | 4.09% |
| 2017 | 105 | 41.82% |
| 2016 | 74.1 | -0.3% |
| 2015 | 74.3 | -38.82% |
| 2014 | 121 |
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.