P/E ratio for Almirall (ALM.MC)
P/E ratio as of April 2024 (TTM): 49.3
According to Almirall's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 49.3008. At the end of 2021 the company had a P/E ratio of -50.0.
P/E ratio history for Almirall from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -50.0 | -294.25% |
| 2020 | 25.8 | 10.04% |
| 2019 | 23.4 | -19.89% |
| 2018 | 29.2 | -728.54% |
| 2017 | -4.65 | -114.28% |
| 2016 | 32.6 | 35.75% |
| 2015 | 24.0 | 361.31% |
| 2014 | 5.20 | -109.23% |
| 2013 | -56.3 | -438.12% |
| 2012 | 16.7 | 61.56% |
| 2011 | 10.3 | 10.64% |
| 2010 | 9.32 | -5.18% |
| 2009 | 9.83 |
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.