Immobel
IMMO.BR
#8251
Rank
C$0.27 B
Marketcap
$26.42
Share price
0.72%
Change (1 day)
-24.90%
Change (1 year)

P/E ratio for Immobel (IMMO.BR)

P/E ratio at the end of 2021: 7.35

According to Immobel's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.72809. At the end of 2021 the company had a P/E ratio of 7.35.

P/E ratio history for Immobel from 2002 to 2021

PE ratio at the end of each year

Year P/E ratio Change
20217.35-54.88%
202016.3203.74%
20195.36-25.11%
20187.16-81.3%
201738.3334.41%
20168.82-95.97%
20152192793.53%
20147.55-89.98%
201375.4844%
20127.9956.99%
20115.09-47.17%
20109.63103.46%
20094.73-29.26%
20086.69165.65%
20072.52-64.93%
20067.18-12.15%
20058.17-96.26%
2004219638.28%
200329.6-309.02%
2002-14.2

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.