P/E ratio for Covivio (COV.PA)
P/E ratio at the end of 2022: 8.39
According to Covivio 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 8.39.
P/E ratio history for Covivio from 2006 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.39 | 13.4% |
| 2021 | 7.40 | -61.93% |
| 2020 | 19.4 | 66.53% |
| 2019 | 11.7 | 41.19% |
| 2018 | 8.26 | 8.54% |
| 2017 | 7.61 | 6.2% |
| 2016 | 7.17 | -37.3% |
| 2015 | 11.4 | -71.72% |
| 2014 | 40.4 | 273.8% |
| 2013 | 10.8 | -107.8% |
| 2012 | -139 | -1878.44% |
| 2011 | 7.80 | 30.34% |
| 2010 | 5.98 | -150.77% |
| 2009 | -11.8 | 242.49% |
| 2008 | -3.44 | -187.85% |
| 2007 | 3.92 | -46.48% |
| 2006 | 7.32 |
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.