P/E ratio for EnviTec Biogas (ETG.DE)
P/E ratio as of March 2025 (TTM): 73.6
According to EnviTec Biogas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 73.5522. At the end of 2022 the company had a P/E ratio of 17.2.
P/E ratio history for EnviTec Biogas from 2010 to 2014
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.2 | -51.62% |
| 2021 | 35.6 | 34.36% |
| 2020 | 26.5 | 6.46% |
| 2019 | 24.9 | 44.06% |
| 2018 | 17.3 | -21.55% |
| 2017 | 22.0 | -67.65% |
| 2016 | 68.1 | 6.41% |
| 2015 | 64.0 | 73.71% |
| 2014 | 36.8 | -88.49% |
| 2013 | 320 | 236.84% |
| 2012 | 95.0 | 410.65% |
| 2011 | 18.6 | -74.28% |
| 2010 | 72.3 | -54.36% |
| 2009 | 159 | 280.24% |
| 2008 | 41.7 | 206.8% |
| 2007 | 13.6 |
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.