Polar Capital Holdings
POLR.L
#6792
Rank
โ‚ฌ0.42 B
Marketcap
441,46ย โ‚ฌ
Share price
3.42%
Change (1 day)
7,047.97%
Change (1 year)

P/E ratio for Polar Capital Holdings (POLR.L)

P/E ratio at the end of 2024: 10.8

According to Polar Capital Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 92920.2. At the end of 2024 the company had a P/E ratio of 10.8.

P/E ratio history for Polar Capital Holdings from 2007 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202410.8-16.05%
202312.87.92%
202211.922.19%
20219.7313.28%
20208.59-3.01%
20198.86-31.54%
201812.9-32.03%
201719.025.33%
201615.229.55%
201511.7-6.18%
201412.5-27.48%
201317.20.47%
201217.137.38%
201112.5-46.87%
201023.5796.58%
20092.62-28.5%
20083.66-67.21%
200711.2

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.