Parken Sport (F.C. Copenhagen)
PARKEN.CO
#8240
Rank
NZ$0.28 B
Marketcap
$29.02
Share price
0.83%
Change (1 day)
-10.70%
Change (1 year)
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P/E ratio for Parken Sport (F.C. Copenhagen) (PARKEN.CO)

P/E ratio as of November 2024 (TTM): 6.48

According to Parken Sport (F.C. Copenhagen)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.48392. At the end of 2022 the company had a P/E ratio of 3.70.

P/E ratio history for Parken Sport (F.C. Copenhagen) from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20223.70-75.01%
202114.8-589.88%
2020-3.02-116.13%
201918.7-493.08%
2018-4.76-128.79%
201716.563.07%
201610.1-164.94%
2015-15.6-119.96%
201478.31713%
20134.32-70.77%
201214.861.36%
20119.16-208.81%
2010-8.42

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.