P/E ratio for Cofinimmo (COFB.BR)
P/E ratio as of April 2024 (TTM): 11.7
According to Cofinimmo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.656. At the end of 2022 the company had a P/E ratio of 5.55.
P/E ratio history for Cofinimmo from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.55 | -65.34% |
| 2021 | 16.0 | -40.88% |
| 2020 | 27.1 | 72.94% |
| 2019 | 15.7 | -5.08% |
| 2018 | 16.5 | -1.64% |
| 2017 | 16.8 | -27.57% |
| 2016 | 23.1 | 16.43% |
| 2015 | 19.9 | -164.87% |
| 2014 | -30.6 | -218.3% |
| 2013 | 25.9 | 78.92% |
| 2012 | 14.5 | 25.08% |
| 2011 | 11.6 |
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.