Fincantieri
FCT.MI
#4610
Rank
C$2.27 B
Marketcap
$7.07
Share price
-2.47%
Change (1 day)
28.07%
Change (1 year)

P/E ratio for Fincantieri (FCT.MI)

P/E ratio as of September 2024 (TTM): 646

According to Fincantieri's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 645.977. At the end of 2023 the company had a P/E ratio of -138.

P/E ratio history for Fincantieri from 2016 to 2017

PE ratio at the end of each year

Year P/E ratio Change
2023-138510.91%
2022-22.6-106.21%
2021364-1312.61%
2020-30.0-70.82%
2019-103-160.86%
2018169-41.21%
201728718.03%
2016243-909.46%
2015-30.1-123.04%
2014131

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.