Forbo Holding
FORN.SW
#5043
Rank
A$1.99 B
Marketcap
$1,419
Share price
-0.49%
Change (1 day)
-19.79%
Change (1 year)

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

P/E ratio at the end of 2021: 21.6

According to Forbo Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.34247. At the end of 2021 the company had a P/E ratio of 21.6.

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

PE ratio at the end of each year

Year P/E ratio Change
202121.6-7.2%
202023.38.67%
201921.412.14%
201819.1-74.84%
201775.8265.83%
201620.7-4.67%
201521.718.6%
201418.333.09%
201313.8114.9%
20126.41-24.79%
20118.53-4.28%
20108.91-26.31%
200912.1-64.77%
200834.363.27%
200721.0-27.53%
200629.0-141.82%
2005-69.32157.79%
2004-3.07-104.78%
200364.3217.82%
200220.2

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.