Groupe Partouche
PARP.PA
#8416
Rank
HK$1.37 B
Marketcap
HK$141.92
Share price
-0.85%
Change (1 day)
-20.32%
Change (1 year)

P/E ratio for Groupe Partouche (PARP.PA)

P/E ratio at the end of 2023: 8.55

According to Groupe Partouche's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.63045. At the end of 2023 the company had a P/E ratio of 8.55.

P/E ratio history for Groupe Partouche from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20238.5575.98%
20224.86-236.01%
2021-3.57-51.17%
2020-7.32-161.23%
201911.9-60.04%
201829.9294.24%
20177.58-76.33%
201632.0-62.19%
201584.8-232.59%
2014-63.91317.34%
2013-4.518.24%
2012-4.17-73.62%
2011-15.81147.02%
2010-1.27-77.45%
2009-5.62-67.63%
2008-17.4-154.13%
200732.133.58%
200624.015574.19%
20050.1531-99.18%
200418.820.32%
200315.6-9.56%
200217.2

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.