P/E ratio for Air Liquide (AI.PA)
P/E ratio at the end of 2022: 25.1
According to Air Liquide's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 25.1.
P/E ratio history for Air Liquide from 2003 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 25.1 | -11.33% |
| 2021 | 28.3 | 7.86% |
| 2020 | 26.2 | -0.9% |
| 2019 | 26.5 | 23.17% |
| 2018 | 21.5 | 5.52% |
| 2017 | 20.4 | -1.65% |
| 2016 | 20.7 | 1% |
| 2015 | 20.5 | 0.05% |
| 2014 | 20.5 | 8.48% |
| 2013 | 18.9 | 3.18% |
| 2012 | 18.3 | 6.84% |
| 2011 | 17.1 | -8.09% |
| 2010 | 18.6 | 8.1% |
| 2009 | 17.2 | 26.1% |
| 2008 | 13.7 | -35.51% |
| 2007 | 21.2 | 1.29% |
| 2006 | 20.9 | 14.77% |
| 2005 | 18.2 | -0.2% |
| 2004 | 18.3 | 0.59% |
| 2003 | 18.2 |
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.