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ProVen Growth &ome VCT (LSE:PGOO) PE Ratio (TTM) : At Loss (As of Dec. 15, 2024)


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What is ProVen Growth &ome VCT PE Ratio (TTM)?

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-12-15), ProVen Growth &ome VCT's share price is £0.4905. ProVen Growth &ome VCT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2023 was £-0.08. Therefore, ProVen Growth &ome VCT's PE Ratio (TTM) for today is At Loss.

Warning Sign:

ProVen Growth & Income VCT PLC stock PE Ratio (=13.63) is close to 3-year high of 14.31


The historical rank and industry rank for ProVen Growth &ome VCT's PE Ratio (TTM) or its related term are showing as below:

LSE:PGOO' s PE Ratio (TTM) Range Over the Past 10 Years
Min: At Loss   Med: 13.65   Max: 24.07
Current: At Loss


During the past 13 years, the highest PE Ratio (TTM) of ProVen Growth &ome VCT was 24.07. The lowest was 0.00. And the median was 13.65.


LSE:PGOO's PE Ratio (TTM) is ranked worse than
100% of 1264 companies
in the Asset Management industry
Industry Median: 10.705 vs LSE:PGOO: At Loss

ProVen Growth &ome VCT's Earnings per Share (Diluted) for the six months ended in Feb. 2023 was £-0.02. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2023 was £-0.08.

As of today (2024-12-15), ProVen Growth &ome VCT's share price is £0.4905. ProVen Growth &ome VCT's EPS without NRI for the trailing twelve months (TTM) ended in Feb. 2023 was £-0.08. Therefore, ProVen Growth &ome VCT's PE Ratio without NRI for today is At Loss.

During the past 13 years, ProVen Growth &ome VCT's highest PE Ratio without NRI was 24.07. The lowest was 0.00. And the median was 13.65.

ProVen Growth &ome VCT's EPS without NRI for the six months ended in Feb. 2023 was £-0.02. Its EPS without NRI for the trailing twelve months (TTM) ended in Feb. 2023 was £-0.08.

During the past 3 years, the average EPS without NRI Growth Rate was -19.50% per year.

During the past 13 years, ProVen Growth &ome VCT's highest 3-Year average EPS without NRI Growth Rate was 120.50% per year. The lowest was -44.30% per year. And the median was -1.20% per year.

ProVen Growth &ome VCT's EPS (Basic) for the six months ended in Feb. 2023 was £-0.02. Its EPS (Basic) for the trailing twelve months (TTM) ended in Feb. 2023 was £-0.08.


ProVen Growth &ome VCT PE Ratio (TTM) Historical Data

The historical data trend for ProVen Growth &ome VCT's PE Ratio (TTM) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ProVen Growth &ome VCT PE Ratio (TTM) Chart

ProVen Growth &ome VCT Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only At Loss 7.83 6.60 At Loss 13.65

ProVen Growth &ome VCT Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Feb24
PE Ratio (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only At Loss 6.60 At Loss At Loss 13.65

Competitive Comparison of ProVen Growth &ome VCT's PE Ratio (TTM)

For the Asset Management subindustry, ProVen Growth &ome VCT's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ProVen Growth &ome VCT's PE Ratio (TTM) Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ProVen Growth &ome VCT's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where ProVen Growth &ome VCT's PE Ratio (TTM) falls into.



ProVen Growth &ome VCT PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

ProVen Growth &ome VCT's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=0.4905/-0.083
=At Loss

ProVen Growth &ome VCT's Share Price of today is £0.4905.
For company reported semi-annually, ProVen Growth &ome VCT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.08.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


ProVen Growth &ome VCT  (LSE:PGOO) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).


ProVen Growth &ome VCT PE Ratio (TTM) Related Terms

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ProVen Growth &ome VCT Business Description

Traded in Other Exchanges
N/A
Address
55 Drury Lane, Charter House, London, GBR, WC2B 5SQ
ProVen Growth & Income VCT PLC operates as a venture capital trust (VCT). The company's investment objective is to achieve long-term returns greater than those available from investing in a portfolio of quoted companies, by investing in a portfolio of carefully selected qualifying investments in small and medium-sized unquoted companies with excellent growth prospects and a portfolio of non-qualifying investments including cash, liquidity funds, fixed interest securities, debt and debt-related securities in growth companies and non-qualifying venture capital investments, within the conditions imposed on all VCTs and to minimise the risk of each investment and the portfolio as a whole. Its portfolio of investments includes some sectors such as Technology, Healthcare, and Business Services.

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