PolyPeptide Group
PPGN.SW
#5740
Rank
A$1.67 B
Marketcap
A$50.84
Share price
-2.33%
Change (1 day)
8.06%
Change (1 year)

P/E ratio for PolyPeptide Group (PPGN.SW)

P/E ratio at the end of 2024: -59.6

According to PolyPeptide Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -57.7852. At the end of 2024 the company had a P/E ratio of -59.6.

P/E ratio history for PolyPeptide Group from 2021 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-59.6355.31%
2023-13.1-110.33%
202212719.93%
2021106

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.