Crรฉdit Agricole Mutuel de la Touraine et du Poitou
CRTO.PA
#6728
Rank
C$0.72 B
Marketcap
$113.26
Share price
3.40%
Change (1 day)
4.55%
Change (1 year)

P/E ratio for Crรฉdit Agricole Mutuel de la Touraine et du Poitou (CRTO.PA)

P/E ratio at the end of 2022: 3.61

According to Crรฉdit Agricole Mutuel de la Touraine et du Poitou's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.93281. At the end of 2022 the company had a P/E ratio of 3.61.

P/E ratio history for Crรฉdit Agricole Mutuel de la Touraine et du Poitou from 2011 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20223.61-50.18%
20217.25-12.54%
20208.29-20.69%
201910.513.41%
20189.2122.89%
20177.504.42%
20167.186.25%
20156.7628.18%
20145.276.14%
20134.9736.13%
20123.6510.94%
20113.29

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.