P/E ratio for Credito Emiliano (CE.MI)
P/E ratio as of May 2024 (TTM): 7.43
According to Credito Emiliano's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.42535. At the end of 2022 the company had a P/E ratio of 7.12.
P/E ratio history for Credito Emiliano from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.12 | 29.36% |
| 2021 | 5.50 | -23.92% |
| 2020 | 7.23 | -15.3% |
| 2019 | 8.54 | -4.69% |
| 2018 | 8.96 | -28.64% |
| 2017 | 12.6 | -12.37% |
| 2016 | 14.3 | 4.79% |
| 2015 | 13.7 | 0.56% |
| 2014 | 13.6 | -18.2% |
| 2013 | 16.6 | 41.8% |
| 2012 | 11.7 | 23.92% |
| 2011 | 9.46 | -52.06% |
| 2010 | 19.7 |
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.