Port of Tauranga
POT.NZ
#3773
Rank
HK$19.82 B
Marketcap
HK$29.14
Share price
-0.45%
Change (1 day)
17.84%
Change (1 year)

P/E ratio for Port of Tauranga (POT.NZ)

P/E ratio at the end of 2022: 33.7

According to Port of Tauranga's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 36.1771. At the end of 2022 the company had a P/E ratio of 33.7.

P/E ratio history for Port of Tauranga from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202233.7-10.01%
202137.4-25.14%
202050.041.33%
201935.415.87%
201830.58.25%
201728.23.02%
201627.410.94%
201524.742.47%
201417.343.97%
201312.0-16.01%
201214.33.1%
201113.9-27.86%
201019.322.76%
200915.71.64%
200815.4-14.49%
200718.0-15.95%
200621.536.91%
200515.7-15.46%
200418.535.45%
200313.7-29.2%
200219.3-21.22%
200124.6

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.