According to Ottakringer Getrรคnke's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 233.303. At the end of 2021 the company had a P/E ratio of 372.
Year | P/E ratio | Change |
---|---|---|
2021 | 372 | -711.64% |
2020 | -60.9 | -276.21% |
2019 | 34.5 | 12.43% |
2018 | 30.7 | -7.6% |
2017 | 33.2 | -6.83% |
2016 | 35.7 | 27.88% |
2015 | 27.9 | -19.1% |
2014 | 34.5 | 61.52% |
2013 | 21.4 | 8.15% |
2012 | 19.7 | 1.57% |
2011 | 19.4 | -19.35% |
2010 | 24.1 | 7.62% |
2009 | 22.4 | 74.64% |
2008 | 12.8 |
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.