P/E ratio for Dalata Hotel Group (DHG.IR)
P/E ratio at the end of 2022: 7.04
According to Dalata Hotel Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.96603. At the end of 2022 the company had a P/E ratio of 7.04.
P/E ratio history for Dalata Hotel Group from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.04 | -106% |
| 2021 | -117 | 1832.77% |
| 2020 | -6.07 | -155.02% |
| 2019 | 11.0 | 5.99% |
| 2018 | 10.4 | -26.28% |
| 2017 | 14.1 | -35.41% |
| 2016 | 21.9 | -35.6% |
| 2015 | 33.9 | -48.92% |
| 2014 | 66.5 |
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.