Peet Limited
PPC.AX
#6894
Rank
$0.42 B
Marketcap
$0.91
Share price
1.25%
Change (1 day)
18.15%
Change (1 year)

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

P/E ratio at the end of 2023: 8.34

According to Peet Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.16514. At the end of 2023 the company had a P/E ratio of 8.34.

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

PE ratio at the end of each year

Year P/E ratio Change
20238.34-1.06%
20228.43-52.71%
202117.8-219.44%
2020-14.9-239.77%
201910.7-9.26%
201811.84.16%
201711.320.68%
20169.36-19.17%
201511.6-13.19%
201413.3-99.01%
2013> 10005207.58%
201225.4111.52%
201112.04.25%
201011.5-54.3%
200925.2283.58%
20086.58-56.22%
200715.0-23.84%
200619.7144.84%
20058.06

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.