P/E ratio for Caisse Régionale de Crédit Agricole Mutuel Loire Haute-Loire (CRLO.PA)
P/E ratio at the end of 2022: 4.73
According to Caisse Régionale de Crédit Agricole Mutuel Loire Haute-Loire's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.18299. At the end of 2022 the company had a P/E ratio of 4.73.
P/E ratio history for Caisse Régionale de Crédit Agricole Mutuel Loire Haute-Loire from 2016 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.73 | -2.64% |
| 2021 | 4.86 | -35.74% |
| 2020 | 7.56 | -7.31% |
| 2019 | 8.16 | 21.68% |
| 2018 | 6.70 | 27.07% |
| 2017 | 5.27 | 13.46% |
| 2016 | 4.65 |
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.