Banca Profilo
PRO.MI
#8351
Rank
C$0.19 B
Marketcap
$0.30
Share price
-0.25%
Change (1 day)
N/A
Change (1 year)

P/E ratio for Banca Profilo (PRO.MI)

P/E ratio as of October 2024 (TTM): 7.59

According to Banca Profilo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.58572. At the end of 2023 the company had a P/E ratio of 11.0.

P/E ratio history for Banca Profilo from 2013 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202311.0-5.15%
202211.6-2.03%
202111.9-27.1%
202016.3-5.36%
201917.2-79.66%
201884.7184.95%
201729.7-48.69%
201657.993.18%
201530.0-51.47%
201461.823.97%
201349.9-40.77%
201284.2-93.13%
2011> 10002089.94%
201055.9-14.99%
200965.8-14434.35%
2008-0.4590-101.9%
200724.140.72%
200617.159.47%
200510.8-35.97%
200416.8-52.76%
200335.5

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.