According to Banca Generali's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.4016. At the end of 2022 the company had a P/E ratio of 17.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 17.2 | 24.99% |
2021 | 13.8 | 20.22% |
2020 | 11.5 | -6.6% |
2019 | 12.3 | 4.28% |
2018 | 11.8 | -24.21% |
2017 | 15.5 | -7.97% |
2016 | 16.9 | 1.82% |
2015 | 16.6 | 0.36% |
2014 | 16.5 | -9.1% |
2013 | 18.2 | 60.54% |
2012 | 11.3 | 3.34% |
2011 | 11.0 | -10.48% |
2010 | 12.2 | -17.76% |
2009 | 14.9 |
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.