Air France-KLM
AF.PA
#3495
Rank
$2.94 B
Marketcap
$11.22
Share price
1.92%
Change (1 day)
571.86%
Change (1 year)

P/E ratio for Air France-KLM (AF.PA)

P/E ratio as of March 2024 (TTM): 17.1

According to Air France-KLM 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.0785. At the end of 2022 the company had a P/E ratio of -0.1679.

P/E ratio history for Air France-KLM from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-0.1679-12.02%
2021-0.19082.63%
2020-0.1859-94.04%
2019-3.12-20.25%
2018-3.91-54.38%
2017-8.5889.79%
2016-4.52443.26%
2015-0.83191.2%
2014-0.822016.4%
2013-0.706268.08%
2012-0.4201-48.72%
2011-0.8193-171.23%
20101.15
20062.0257.04%
20051.29-40.29%
20042.15

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.