Fisher & Paykel Healthcare
FPH.NZ
#1378
Rank
NZ$22.47 B
Marketcap
$38.34
Share price
1.51%
Change (1 day)
63.81%
Change (1 year)

P/E ratio for Fisher & Paykel Healthcare (FPH.NZ)

P/E ratio at the end of 2023: 54.5

According to Fisher & Paykel Healthcare's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 79.7699. At the end of 2023 the company had a P/E ratio of 54.5.

P/E ratio history for Fisher & Paykel Healthcare from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202354.576.92%
202230.88.35%
202128.4-50.15%
202057.161.37%
201935.4

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.