Forbo Holding
FORN.SW
#5198
Rank
A$1.87 B
Marketcap
$1,333
Share price
1.31%
Change (1 day)
-23.02%
Change (1 year)

P/E ratio for Forbo Holding (FORN.SW)

P/E ratio at the end of 2021: 18.6

According to Forbo Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.63201. At the end of 2021 the company had a P/E ratio of 18.6.

P/E ratio history for Forbo Holding from 2002 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202118.6-7.2%
202020.18.67%
201918.512.14%
201816.5-74.84%
201765.5265.83%
201617.9-4.67%
201518.818.6%
201415.833.09%
201311.9114.9%
20125.54-24.79%
20117.37-4.28%
20107.70-26.31%
200910.4-64.77%
200829.663.27%
200718.2-27.53%
200625.1-141.82%
2005-59.92157.79%
2004-2.65-104.78%
200355.5217.82%
200217.5

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.