P/E ratio for Discovery Limited (DSY.JO)
P/E ratio at the end of 2022: 14.3
According to Discovery Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.5466. At the end of 2022 the company had a P/E ratio of 14.3.
P/E ratio history for Discovery Limited from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.3 | -30.11% |
| 2021 | 20.4 | -96.97% |
| 2020 | 673 | 5737.78% |
| 2019 | 11.5 | -7.7% |
| 2018 | 12.5 | -5.37% |
| 2017 | 13.2 | -21.52% |
| 2016 | 16.8 | 86.33% |
| 2015 | 9.03 | -7.67% |
| 2014 | 9.78 | -20.89% |
| 2013 | 12.4 | 113.43% |
| 2012 | 5.79 | 89.88% |
| 2011 | 3.05 | -35.11% |
| 2010 | 4.70 | -4.87% |
| 2009 | 4.94 | 21.17% |
| 2008 | 4.08 | -25.32% |
| 2007 | 5.46 | -10.32% |
| 2006 | 6.09 | -17.51% |
| 2005 | 7.38 | 48.45% |
| 2004 | 4.97 | 87.15% |
| 2003 | 2.66 | -76.12% |
| 2002 | 11.1 |
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.