ProCredit
PCZ.DE
#6830
Rank
$0.48 B
Marketcap
$8.16
Share price
-1.27%
Change (1 day)
-14.31%
Change (1 year)

P/E ratio for ProCredit (PCZ.DE)

P/E ratio as of December 2024 (TTM): 6.17

According to ProCredit's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.17064. At the end of 2022 the company had a P/E ratio of 13.3.

P/E ratio history for ProCredit from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.3124.24%
20215.94-44.18%
202010.630.65%
20198.15-26.69%
201811.1-23.86%
201714.61.85%
201614.3

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.