EssilorLuxottica
EL.PA
#122
Rank
A$215.91 B
Marketcap
$472.91
Share price
-0.15%
Change (1 day)
42.88%
Change (1 year)

P/E ratio for EssilorLuxottica (EL.PA)

P/E ratio at the end of 2022: 34.4

According to EssilorLuxottica's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 57.2173. At the end of 2022 the company had a P/E ratio of 34.4.

P/E ratio history for EssilorLuxottica from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202234.4-35.39%
202153.3-90.89%
20205851035.47%
201951.5108.75%
201824.714.66%
201721.5-24.6%
201628.5-9.65%
201531.676.01%
201417.9-14.33%
201321.0-5.36%
201222.120.99%
201118.32.49%
201017.99.62%
200916.317.57%
200813.9-21.11%
200717.6-13.42%
200620.3-6.56%
200521.719.48%
200418.23.9%
200317.5-17.83%
200221.3-8.26%
200123.2

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.