According to Coface 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.81566. At the end of 2022 the company had a P/E ratio of 6.41.
Year | P/E ratio | Change |
---|---|---|
2022 | 6.41 | -23.16% |
2021 | 8.34 | -43.97% |
2020 | 14.9 | 31.67% |
2019 | 11.3 | 13.18% |
2018 | 9.99 | -40.56% |
2017 | 16.8 | -28.22% |
2016 | 23.4 | 102.96% |
2015 | 11.5 | -15.95% |
2014 | 13.7 |
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.