P/E ratio for Qiwi (QIWI.ME)

P/E ratio history for Qiwi from 2016 to 2022

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Evertec EVTC	23.7	3,441.72%	🇺🇸 USA
Euronet Worldwide EEFT	18.2	2,621.98%	🇺🇸 USA
Visa V	37.1	5,440.47%	🇺🇸 USA
Western Union WU	5.38	703.13%	🇺🇸 USA
eBay EBAY	24.9	3,612.60%	🇺🇸 USA
Mobile TeleSystems MTSS.ME	5.46	716.27%	🇷🇺 Russia

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.