According to Amadeus IT Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.8928. At the end of 2022 the company had a P/E ratio of 32.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 32.8 | -117.6% |
2021 | -186 | 331.83% |
2020 | -43.2 | -254.57% |
2019 | 27.9 | 10.15% |
2018 | 25.4 | -3.42% |
2017 | 26.2 | 14.92% |
2016 | 22.8 | -15.79% |
2015 | 27.1 | 15.59% |
2014 | 23.5 | -1.18% |
2013 | 23.7 | 39.6% |
2012 | 17.0 | 205.31% |
2011 | 5.57 | -108.53% |
2010 | -65.3 |
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.