According to De' Longhi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.6832. At the end of 2022 the company had a P/E ratio of 17.7.
Year | P/E ratio | Change |
---|---|---|
2022 | 17.7 | 16.88% |
2021 | 15.2 | -21.18% |
2020 | 19.3 | 10.01% |
2019 | 17.5 | -0.9% |
2018 | 17.7 | -16.53% |
2017 | 21.2 | 4.93% |
2016 | 20.2 | -27.11% |
2015 | 27.7 | 56.4% |
2014 | 17.7 | 16.54% |
2013 | 15.2 | 7.12% |
2012 | 14.2 | 25.23% |
2011 | 11.3 | -4.16% |
2010 | 11.8 | -17.98% |
2009 | 14.4 |
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.