Element Fleet Management
EFN.TO
#1906
Rank
$8.56 B
Marketcap
$21.18
Share price
-0.37%
Change (1 day)
38.16%
Change (1 year)

P/E ratio for Element Fleet Management (EFN.TO)

P/E ratio as of November 2024 (TTM): 27.4

According to Element Fleet Management 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.4405. At the end of 2022 the company had a P/E ratio of 19.2.

P/E ratio history for Element Fleet Management from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202219.213.4%
202116.9-27.8%
202023.5-74.6%
201992.4-929.21%
2018-11.1-134.02%
201732.8157.65%
201612.7-62.69%
201534.1-51.79%
201470.7-110.1%
2013-700727.5%
2012-84.6

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.