Power Corporation of Canada
POW.TO
#925
Rank
โ‚ฌ20.47 B
Marketcap
31,83ย โ‚ฌ
Share price
0.02%
Change (1 day)
27.88%
Change (1 year)

P/E ratio for Power Corporation of Canada (POW.TO)

P/E ratio as of November 2024 (TTM): 17.4

According to Power Corporation of Canada's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.3811. At the end of 2022 the company had a P/E ratio of 9.02.

P/E ratio history for Power Corporation of Canada from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.02-6.97%
20219.700.53%
20209.65-27.04%
201913.249.3%
20188.86-24.22%
201711.7-9.39%
201612.972.02%
20157.50-34.61%
201411.5-23.92%
201315.15.7%
201214.339.47%
201110.2-41.25%
201017.4-16.59%
200920.968.44%
200812.4-3.39%
200712.88.63%
200611.8-15.38%
200513.9-6.87%
200415.072.35%
20038.69-32.17%
200212.8-9.9%
200114.2

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.