P/E ratio for Paladin Energy (PDN.AX)
P/E ratio as of May 2024 (TTM): -273
According to Paladin Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -273.168. At the end of 2023 the company had a P/E ratio of < -1000.
P/E ratio history for Paladin Energy from 2006 to 2016
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | < -1000 | 247.62% |
| 2022 | -433 | 140% |
| 2021 | -180 | 642.02% |
| 2020 | -24.3 | -67.06% |
| 2019 | -73.7 | -1029.75% |
| 2018 | 7.93 | -580.85% |
| 2017 | -1.65 | -93.61% |
| 2016 | -25.8 | 103.73% |
| 2015 | -12.7 | 83.75% |
| 2014 | -6.90 | -54.61% |
| 2013 | -15.2 | -63.56% |
| 2012 | -41.7 | -71.74% |
| 2011 | -148 | -64.04% |
| 2010 | -410 | 653.63% |
| 2009 | -54.5 | -93.35% |
| 2008 | -819 | -17.26% |
| 2007 | -990 | -67.62% |
| 2006 | < -1000 | -33.19% |
| 2005 | < -1000 | -244.6% |
| 2004 | > 1000 | -4310.72% |
| 2003 | -75.2 | 25.63% |
| 2002 | -59.8 | 12.41% |
| 2001 | -53.2 |
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.