P/E ratio for Crédit Agricole (ACA.PA)
P/E ratio as of April 2024 (TTM): 7.37
According to Crédit Agricole's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.37388. At the end of 2022 the company had a P/E ratio of 5.82.
P/E ratio history for Crédit Agricole from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.82 | -14.45% |
| 2021 | 6.81 | -46.78% |
| 2020 | 12.8 | 46.53% |
| 2019 | 8.73 | 27.99% |
| 2018 | 6.82 | -45.82% |
| 2017 | 12.6 | 6.2% |
| 2016 | 11.9 | 37.51% |
| 2015 | 8.62 | -10.58% |
| 2014 | 9.64 | 4.97% |
| 2013 | 9.18 | -472.07% |
| 2012 | -2.47 | -66.08% |
| 2011 | -7.28 | -141.02% |
| 2010 | 17.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BNP Paribas BNP.PA | 8.00 | 8.51% | 🇫🇷 France |
 Société Générale
GLE.PA | 5.33 | -27.70% | 🇫🇷 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.