Praemium Limited
PPS.AX
#7920
Rank
A$0.30 B
Marketcap
$0.64
Share price
-1.53%
Change (1 day)
7.97%
Change (1 year)

P/E ratio for Praemium Limited (PPS.AX)

P/E ratio at the end of 2023: 22.3

According to Praemium Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.6818. At the end of 2023 the company had a P/E ratio of 22.3.

P/E ratio history for Praemium Limited from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202322.3316.87%
20225.35-98.2%
2021297958.32%
202028.0-51.86%
201958.3-74.04%
201822423.26%
201718219.32%
2016153-389.94%
2015-52.6335.5%
2014-12.1-428.83%
20133.68-206.34%
2012-3.46-6.79%
2011-3.71-10.79%
2010-4.16151.67%
2009-1.65-44.63%
2008-2.98-67.43%
2007-9.16-80.96%
2006-48.1

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.