Peet Limited
PPC.AX
#6992
Rank
NZ$0.71 B
Marketcap
$1.54
Share price
0.70%
Change (1 day)
17.23%
Change (1 year)

P/E ratio for Peet Limited (PPC.AX)

P/E ratio at the end of 2023: 12.6

According to Peet Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.34181. At the end of 2023 the company had a P/E ratio of 12.6.

P/E ratio history for Peet Limited from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202312.6-1.06%
202212.7-52.71%
202127.0-219.44%
2020-22.6-239.77%
201916.1-9.26%
201817.84.16%
201717.120.68%
201614.2-19.17%
201517.5-13.19%
201420.2-99.01%
2013> 10005207.58%
201238.5111.52%
201118.24.25%
201017.4-54.3%
200938.2283.58%
20089.95-56.22%
200722.7-23.84%
200629.9144.84%
200512.2

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.