According to Azimut Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.89078. At the end of 2022 the company had a P/E ratio of 6.85.
Year | P/E ratio | Change |
---|---|---|
2022 | 6.85 | 20.55% |
2021 | 5.68 | -11.81% |
2020 | 6.44 | -20.61% |
2019 | 8.12 | -23.49% |
2018 | 10.6 | 8.93% |
2017 | 9.74 | -20.19% |
2016 | 12.2 | -1.45% |
2015 | 12.4 | -49.18% |
2014 | 24.4 | 43.49% |
2013 | 17.0 | 83.24% |
2012 | 9.27 | -11.03% |
2011 | 10.4 | 3% |
2010 | 10.1 |
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.