Park Hotels & Resorts
PK
#3547
Rank
A$4.77 B
Marketcap
$23.12
Share price
0.80%
Change (1 day)
11.80%
Change (1 year)

P/E ratio for Park Hotels & Resorts (PK)

P/E ratio as of November 2024 (TTM): -55.9

According to Park Hotels & Resorts 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -55.8889. At the end of 2022 the company had a P/E ratio of 16.4.

P/E ratio history for Park Hotels & Resorts from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202216.4-268.26%
2021-9.73245.02%
2020-2.82-115.37%
201918.363.14%
201811.2402.68%
20172.24-94.97%
201644.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-2.31-95.86%๐Ÿ‡บ๐Ÿ‡ธ USA
21.3-138.16%๐Ÿ‡บ๐Ÿ‡ธ USA
39.8-171.17%๐Ÿ‡บ๐Ÿ‡ธ USA

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.