P/E ratio for Electrolux (ELUX-A.ST)
P/E ratio as of May 2024 (TTM): -9.54
According to Electrolux's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.54157. At the end of 2022 the company had a P/E ratio of -34.2.
P/E ratio history for Electrolux from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -34.2 | -324.6% |
| 2021 | 15.2 | 81.44% |
| 2020 | 8.38 | -68.7% |
| 2019 | 26.8 | 77.68% |
| 2018 | 15.1 | 9.93% |
| 2017 | 13.7 | -7.7% |
| 2016 | 14.8 | -61.41% |
| 2015 | 38.5 | 27.93% |
| 2014 | 30.1 | -59% |
| 2013 | 73.4 | 252% |
| 2012 | 20.8 | 13.01% |
| 2011 | 18.4 | 1.14% |
| 2010 | 18.2 | 0.23% |
| 2009 | 18.2 | -69.22% |
| 2008 | 59.1 | 449.39% |
| 2007 | 10.8 | -29.89% |
| 2006 | 15.3 | -56.61% |
| 2005 | 35.4 | 149.26% |
| 2004 | 14.2 | 37.41% |
| 2003 | 10.3 | 19% |
| 2002 | 8.68 | -30.42% |
| 2001 | 12.5 |
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.