According to Europris's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.9582. At the end of 2022 the company had a P/E ratio of 10.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 10.8 | 3.37% |
2021 | 10.5 | -0.37% |
2020 | 10.5 | -30.19% |
2019 | 15.1 | 73.05% |
2018 | 8.70 | -39.29% |
2017 | 14.3 | -3.66% |
2016 | 14.9 | -47.74% |
2015 | 28.5 |
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.