Predictive Discovery Limited
PDI.AX
#6923
Rank
NZ$0.70 B
Marketcap
$0.30
Share price
1.89%
Change (1 day)
34.91%
Change (1 year)

P/E ratio for Predictive Discovery Limited (PDI.AX)

P/E ratio at the end of 2023: -38.9

According to Predictive Discovery Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -41.2379. At the end of 2023 the company had a P/E ratio of -38.9.

P/E ratio history for Predictive Discovery Limited from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-38.9-1.27%
2022-39.4151.5%
2021-15.7-37.02%
2020-24.9544.89%
2019-3.86-1.96%
2018-3.94-33.7%
2017-5.94469.62%
2016-1.04241.51%
2015-0.3055-60.69%
2014-0.7770-78.3%
2013-3.5829.77%
2012-2.76-73.45%
2011-10.4

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.