Groupe Partouche
PARP.PA
#8196
Rank
S$0.26 B
Marketcap
$27.20
Share price
-1.06%
Change (1 day)
-9.93%
Change (1 year)

P/E ratio for Groupe Partouche (PARP.PA)

P/E ratio at the end of 2023: 8.96

According to Groupe Partouche's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.582. At the end of 2023 the company had a P/E ratio of 8.96.

P/E ratio history for Groupe Partouche from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20238.9675.98%
20225.09-236.01%
2021-3.74-51.17%
2020-7.67-161.23%
201912.5-60.04%
201831.3294.24%
20177.95-76.33%
201633.6-62.19%
201588.8-232.59%
2014-67.01317.34%
2013-4.738.24%
2012-4.37-73.62%
2011-16.61147.02%
2010-1.33-77.45%
2009-5.89-67.63%
2008-18.2-154.13%
200733.633.58%
200625.215574.19%
20050.1605-99.18%
200419.720.32%
200316.3-9.56%
200218.1

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.