P/E ratio for Colruyt (COLR.BR)
P/E ratio at the end of 2022: 17.6
According to Colruyt's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.262. At the end of 2022 the company had a P/E ratio of 17.6.
P/E ratio history for Colruyt from 2003 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.6 | 6.1% |
| 2021 | 16.6 | 5.96% |
| 2020 | 15.6 | -33.37% |
| 2019 | 23.5 | 35.83% |
| 2018 | 17.3 | -0.87% |
| 2017 | 17.4 | -15.35% |
| 2016 | 20.6 | 11.9% |
| 2015 | 18.4 | 5.68% |
| 2014 | 17.4 | 4.04% |
| 2013 | 16.7 | 21.04% |
| 2012 | 13.8 | -19.82% |
| 2011 | 17.2 | -0.42% |
| 2010 | 17.3 | -4.5% |
| 2009 | 18.1 | -3.05% |
| 2008 | 18.7 | -13.31% |
| 2007 | 21.6 | 18.5% |
| 2006 | 18.2 | 1.37% |
| 2005 | 18.0 | 65.78% |
| 2004 | 10.8 | -31.8% |
| 2003 | 15.9 |
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.