Pact Group
PGH.AX
#8066
Rank
NZ$0.30 B
Marketcap
$0.88
Share price
-1.23%
Change (1 day)
15.48%
Change (1 year)

P/E ratio for Pact Group (PGH.AX)

P/E ratio at the end of 2023: -35.1

According to Pact Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -41.9518. At the end of 2023 the company had a P/E ratio of -35.1.

P/E ratio history for Pact Group from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-35.1-170.48%
202249.8291.94%
202112.766.77%
20207.63-357.46%
2019-2.96-114.76%
201820.114.05%
201717.6-4.96%
201618.57.21%
201517.3152.3%
20146.84

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.