P/E ratio for Fonterra (FCG.NZ)
P/E ratio at the end of 2022: 7.45
According to Fonterra's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.42864. At the end of 2022 the company had a P/E ratio of 7.45.
P/E ratio history for Fonterra from 2013 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.45 | 6.4% |
| 2021 | 7.00 | -14.66% |
| 2020 | 8.20 | -181.93% |
| 2019 | -10.0 | -69.89% |
| 2018 | -33.2 | -407.23% |
| 2017 | 10.8 | 11.13% |
| 2016 | 9.74 | -34.93% |
| 2015 | 15.0 | -66.77% |
| 2014 | 45.0 | 244.26% |
| 2013 | 13.1 |
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.