P/E ratio for Edenred (EDEN.PA)
P/E ratio at the end of 2021: 28.4
According to Edenred's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.3101. At the end of 2021 the company had a P/E ratio of 28.4.
P/E ratio history for Edenred from 2010 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 28.4 | -28.74% |
| 2020 | 39.8 | 25.42% |
| 2019 | 31.7 | 21.85% |
| 2018 | 26.0 | 33.14% |
| 2017 | 19.6 | -14.75% |
| 2016 | 22.9 | 11.73% |
| 2015 | 20.5 | -21.07% |
| 2014 | 26.0 | 3.14% |
| 2013 | 25.2 | 14.51% |
| 2012 | 22.0 | 29.07% |
| 2011 | 17.1 | -45.7% |
| 2010 | 31.4 |
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.