Dadelo
DAD.WA
#8809
Rank
C$86.85 M
Marketcap
$7.44
Share price
-3.20%
Change (1 day)
45.74%
Change (1 year)

P/E ratio for Dadelo (DAD.WA)

P/E ratio as of September 2024 (TTM): 79.2

According to Dadelo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 79.2456. At the end of 2023 the company had a P/E ratio of > 1000.

P/E ratio history for Dadelo from 2022 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023> 10005242.86%
202229.912.65%
202126.5

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.