P/E ratio for CTS Eventim (EVD.F)
P/E ratio as of April 2024 (TTM): 35.0
According to CTS Eventim 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.9927. At the end of 2022 the company had a P/E ratio of 28.2.
P/E ratio history for CTS Eventim from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 28.2 | -47.88% |
| 2021 | 54.0 | -185.34% |
| 2020 | -63.3 | -253.72% |
| 2019 | 41.2 | 50.42% |
| 2018 | 27.4 | -15.75% |
| 2017 | 32.5 | 7.45% |
| 2016 | 30.2 | -23.26% |
| 2015 | 39.4 | 29.12% |
| 2014 | 30.5 | 6.95% |
| 2013 | 28.5 | 23.26% |
| 2012 | 23.2 | -6.34% |
| 2011 | 24.7 | -5.27% |
| 2010 | 26.1 | 26.66% |
| 2009 | 20.6 |
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.