P/E ratio for EL.En. S.p.A. (Elen Group) (ELN.MI)
P/E ratio as of April 2025 (TTM): 10.8
According to EL.En. S.p.A. (Elen Group)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.8373. At the end of 2023 the company had a P/E ratio of 16.3.
P/E ratio history for EL.En. S.p.A. (Elen Group) from 2012 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 16.3 | -21.32% |
| 2022 | 20.7 | -24.44% |
| 2021 | 27.3 | 7.07% |
| 2020 | 25.5 | 4.31% |
| 2019 | 24.5 | 64.8% |
| 2018 | 14.9 | -53.79% |
| 2017 | 32.1 | 186.17% |
| 2016 | 11.2 | -16.76% |
| 2015 | 13.5 | 73.9% |
| 2014 | 7.76 | -37.29% |
| 2013 | 12.4 | 280.31% |
| 2012 | 3.25 | -101.95% |
| 2011 | -167 | -454.89% |
| 2010 | 47.0 | -536.23% |
| 2009 | -10.8 | -236.71% |
| 2008 | 7.88 | 10.49% |
| 2007 | 7.13 | -93.36% |
| 2006 | 107 | 1772.62% |
| 2005 | 5.73 | -67.84% |
| 2004 | 17.8 |
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.