P/E ratio for Precia S.A. (ALPM.PA)
P/E ratio at the end of 2023: 30.0
According to Precia S.A.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.1502. At the end of 2023 the company had a P/E ratio of 30.0.
P/E ratio history for Precia S.A. from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 30.0 | 15.78% |
| 2022 | 25.9 | 32.63% |
| 2021 | 19.5 | 46.16% |
| 2020 | 13.4 | -10.43% |
| 2019 | 14.9 | 12.25% |
| 2018 | 13.3 | -17.72% |
| 2017 | 16.2 | 7.09% |
| 2016 | 15.1 | 22.67% |
| 2015 | 12.3 | 18.31% |
| 2014 | 10.4 | 37.42% |
| 2013 | 7.56 | 11.3% |
| 2012 | 6.79 | 43.83% |
| 2011 | 4.72 | 8.12% |
| 2010 | 4.37 | -0.6% |
| 2009 | 4.40 | 16.78% |
| 2008 | 3.76 |
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.