P/E ratio for Diploma plc (DPLM.L)
P/E ratio at the end of 2022: 32.9
According to Diploma plc's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6275.39. At the end of 2022 the company had a P/E ratio of 32.9.
P/E ratio history for Diploma plc from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 32.9 | -31.7% |
| 2021 | 48.2 | -2.46% |
| 2020 | 49.4 | 56.03% |
| 2019 | 31.7 | 9.88% |
| 2018 | 28.8 | 21.22% |
| 2017 | 23.8 | -7.28% |
| 2016 | 25.6 | 53.08% |
| 2015 | 16.7 | -0.85% |
| 2014 | 16.9 | 2.49% |
| 2013 | 16.5 | 22.08% |
| 2012 | 13.5 | 25.78% |
| 2011 | 10.7 | -8.95% |
| 2010 | 11.8 | 4.58% |
| 2009 | 11.3 | 25.75% |
| 2008 | 8.96 | -16.75% |
| 2007 | 10.8 | 125.61% |
| 2006 | 4.77 | -49.84% |
| 2005 | 9.51 | 25.56% |
| 2004 | 7.58 | 6.1% |
| 2003 | 7.14 | -24.53% |
| 2002 | 9.46 | -29.65% |
| 2001 | 13.4 |
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.