According to Acciona 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.684. At the end of 2020 the company had a P/E ratio of 16.4.
Year | P/E ratio | Change |
---|---|---|
2020 | 16.4 | 13.98% |
2019 | 14.4 | 15.98% |
2018 | 12.4 | -29.57% |
2017 | 17.7 | 55.94% |
2016 | 11.3 | -47.78% |
2015 | 21.7 | 25.27% |
2014 | 17.3 | -1531.76% |
2013 | -1.21 | -107.11% |
2012 | 17.0 | -15.46% |
2011 | 20.1 | 4.29% |
2010 | 19.3 |
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.