Pzena Investment Management
PZN
#8272
Rank
HK$1.25 B
Marketcap
HK$75.11
Share price
0.42%
Change (1 day)
-13.19%
Change (1 year)

P/E ratio for Pzena Investment Management (PZN)

P/E ratio on November 25, 2022 (TTM): 12.9

According to Pzena Investment Management's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.8667. At the end of 2021 the company had a P/E ratio of 8.77.

P/E ratio history for Pzena Investment Management from 2008 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20218.77-36.34%
202013.8-24.9%
201918.367.5%
201810.9-59.98%
201727.4146.26%
201611.1-30.24%
201515.97.74%
201414.8-30.87%
201321.446.51%
201214.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
46.7 263.08%๐Ÿ‡บ๐Ÿ‡ธ USA
12.9 0.03%๐Ÿ‡บ๐Ÿ‡ธ USA
16.8 30.47%๐Ÿ‡บ๐Ÿ‡ธ USA
16.6 29.26%๐Ÿ‡บ๐Ÿ‡ธ USA

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.