Abitare In S.p.A.
ABT.MI
#8707
Rank
$0.11 B
Marketcap
$4.43
Share price
0.00%
Change (1 day)
N/A
Change (1 year)

P/E ratio for Abitare In S.p.A. (ABT.MI)

P/E ratio as of November 2024 (TTM): 13.2

According to Abitare In S.p.A.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.2276. At the end of 2023 the company had a P/E ratio of 6.41.

P/E ratio history for Abitare In S.p.A. from 2023 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20236.41-65.69%
202218.725.85%
202114.918.94%
202012.5-33.59%
201918.8-38.96%
201830.8481.45%
20175.30

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.