PSC Insurance Group
PSI.AX
#4883
Rank
โ‚ฌ1.39 B
Marketcap
3,82ย โ‚ฌ
Share price
0.00%
Change (1 day)
39.62%
Change (1 year)

P/E ratio for PSC Insurance Group (PSI.AX)

P/E ratio at the end of 2023: 45.8

According to PSC Insurance Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 38.0107. At the end of 2023 the company had a P/E ratio of 45.8.

P/E ratio history for PSC Insurance Group from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202345.8-38.81%
202274.8112.49%
202135.2-32.43%
202052.147.29%
201935.46.27%
201833.3-4.15%
201734.7-22.43%
201644.8

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.