P/E ratio for Société Foncière Lyonnaise (FLY.PA)
P/E ratio at the end of 2021: 11.4
According to Société Foncière Lyonnaise's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.64379. At the end of 2021 the company had a P/E ratio of 11.4.
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 | 11.4 | 28.51% |
| 2020 | 8.90 | 61.77% |
| 2019 | 5.50 | -24.88% |
| 2018 | 7.32 | 121.98% |
| 2017 | 3.30 | -27.96% |
| 2016 | 4.58 | 13.5% |
| 2015 | 4.04 | -46.15% |
| 2014 | 7.49 | -18.98% |
| 2013 | 9.25 | 98.69% |
| 2012 | 4.66 | -34.85% |
| 2011 | 7.15 | -10.35% |
| 2010 | 7.97 | -273.94% |
| 2009 | -4.58 | 86.38% |
| 2008 | -2.46 | -160.75% |
| 2007 | 4.05 | 23.94% |
| 2006 | 3.27 | -57.12% |
| 2005 | 7.61 | 35.39% |
| 2004 | 5.62 | -70.59% |
| 2003 | 19.1 | -36.36% |
| 2002 | 30.0 |
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.