P/E ratio for Société Foncière Lyonnaise (FLY.PA)
P/E ratio at the end of 2021: 11.6
According to Société Foncière Lyonnaise's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.8939. At the end of 2021 the company had a P/E ratio of 11.6.
P/E ratio history for Société Foncière Lyonnaise from 2002 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 11.6 | 28.51% |
| 2020 | 9.00 | 61.77% |
| 2019 | 5.57 | -24.88% |
| 2018 | 7.41 | 121.98% |
| 2017 | 3.34 | -27.96% |
| 2016 | 4.63 | 13.5% |
| 2015 | 4.08 | -46.15% |
| 2014 | 7.58 | -18.98% |
| 2013 | 9.36 | 98.69% |
| 2012 | 4.71 | -34.85% |
| 2011 | 7.23 | -10.35% |
| 2010 | 8.06 | -273.94% |
| 2009 | -4.63 | 86.38% |
| 2008 | -2.49 | -160.75% |
| 2007 | 4.09 | 23.94% |
| 2006 | 3.30 | -57.12% |
| 2005 | 7.70 | 35.39% |
| 2004 | 5.69 | -70.59% |
| 2003 | 19.3 | -36.36% |
| 2002 | 30.4 |
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.