United Bankers Oyj
UNITED.HE
#8236
Rank
ยฃ0.18 B
Marketcap
ยฃ16.80
Share price
2.40%
Change (1 day)
15.55%
Change (1 year)

P/E ratio for United Bankers Oyj (UNITED.HE)

P/E ratio at the end of 2023: 9.63

According to United Bankers Oyj's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.3286. At the end of 2023 the company had a P/E ratio of 9.63.

P/E ratio history for United Bankers Oyj from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20239.634.99%
20229.18-10.87%
202110.3-10.1%
202011.5-18.79%
201914.137.73%
201810.21.17%
201710.1-90.82%
20161101100.44%
20159.1814.77%
20148.00

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.