Coface
COFA.PA
#4057
Rank
C$3.22 B
Marketcap
$21.56
Share price
-0.47%
Change (1 day)
31.98%
Change (1 year)

P/E ratio for Coface (COFA.PA)

P/E ratio as of November 2024 (TTM): 7.91

According to Coface 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.91485. At the end of 2022 the company had a P/E ratio of 6.41.

P/E ratio history for Coface from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.41-23.16%
20218.34-43.97%
202014.931.67%
201911.313.18%
20189.99-40.56%
201716.8-28.22%
201623.4102.96%
201511.5-15.95%
201413.7

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.