Zip Co
ZIP.AX
#3666
Rank
S$3.85 B
Marketcap
$2.96
Share price
4.15%
Change (1 day)
804.95%
Change (1 year)

P/E ratio for Zip Co (ZIP.AX)

P/E ratio at the end of 2023: -0.7822

According to Zip Co's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.16748. At the end of 2023 the company had a P/E ratio of -0.7822.

P/E ratio history for Zip Co from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-0.7822224.42%
2022-0.2411-95.47%
2021-5.32-94.22%
2020-92.211.22%
2019-82.9741.53%
2018-9.8548.9%
2017-6.61-39.19%
2016-10.9342.02%
2015-2.461594.89%
2014-0.1452-87.69%
2013-1.18-26.32%
2012-1.60-10.01%
2011-1.78-66.78%
2010-5.36

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.