P/E ratio for Crédit Agricole (ACA.PA)
P/E ratio as of June 2023 (TTM): 8.02
According to Crédit Agricole's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.01647. At the end of 2021 the company had a P/E ratio of 6.86.
P/E ratio history for Crédit Agricole from 2011 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 6.86 | -46.75% |
| 2020 | 12.9 | 47.7% |
| 2019 | 8.73 | 29.99% |
| 2018 | 6.71 | -45.31% |
| 2017 | 12.3 | 16.73% |
| 2016 | 10.5 | 17% |
| 2015 | 8.99 | -30.2% |
| 2014 | 12.9 | 39.83% |
| 2013 | 9.21 | -478.96% |
| 2012 | -2.43 | -66.33% |
| 2011 | -7.22 | -140.6% |
| 2010 | 17.8 | -28.39% |
| 2009 | 24.8 | 58.74% |
| 2008 | 15.6 | 71.78% |
| 2007 | 9.11 | -4.34% |
| 2006 | 9.52 | -4.06% |
| 2005 | 9.92 | -33.14% |
| 2004 | 14.8 | -31.54% |
| 2003 | 21.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BNP Paribas BNP.PA | 6.91 | -13.76% | 🇫🇷 France |
 Société Générale
GLE.PA | 3.94 | -50.87% | 🇫🇷 France |
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.