Zotefoams
ZTF.L
#8383
Rank
HK$1.41 B
Marketcap
HK$28.88
Share price
1.69%
Change (1 day)
-22.86%
Change (1 year)

P/E ratio for Zotefoams (ZTF.L)

P/E ratio at the end of 2023: 16.9

According to Zotefoams's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1551.92. At the end of 2023 the company had a P/E ratio of 16.9.

P/E ratio history for Zotefoams from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202316.91.49%
202216.6-59.3%
202140.980.62%
202022.6-8.58%
201924.7-35.76%
201838.527.97%
201730.161.41%
201618.6-24.47%
201524.711.88%
201422.136.05%
201316.229.4%
201212.565.35%
20117.58-19.13%
20109.37-20.67%
200911.898.08%
20085.97-19.44%
20077.40-59.96%
200618.5132.08%
20057.97-41.39%
200413.6-46.45%
200325.4552.07%
20023.89-51.82%
20018.08

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.