P/E ratio for Elior Group (ELIOR.PA)
P/E ratio as of April 2024 (TTM): 6.39
According to Elior Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.39011. At the end of 2022 the company had a P/E ratio of -0.7601.
P/E ratio history for Elior Group from 2015 to 2017
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.7601 | -93.87% |
| 2021 | -12.4 | 795.59% |
| 2020 | -1.38 | -117.99% |
| 2019 | 7.69 | -88.97% |
| 2018 | 69.8 | 105.63% |
| 2017 | 33.9 | 29.42% |
| 2016 | 26.2 | 0.92% |
| 2015 | 26.0 | -20.88% |
| 2014 | 32.8 |
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.