According to Fincantieri's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1288.81. At the end of 2023 the company had a P/E ratio of -138.
Year | P/E ratio | Change |
---|---|---|
2023 | -138 | 510.91% |
2022 | -22.6 | -106.21% |
2021 | 364 | -1312.61% |
2020 | -30.0 | -70.82% |
2019 | -103 | -160.86% |
2018 | 169 | -41.21% |
2017 | 287 | 18.03% |
2016 | 243 | -909.46% |
2015 | -30.1 | -123.04% |
2014 | 131 |
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.