P/E ratio for Empire Company (EMP-A.TO)
P/E ratio as of April 2024 (TTM): 10.4
According to Empire Company 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4309. At the end of 2022 the company had a P/E ratio of 12.3.
P/E ratio history for Empire Company from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.3 | -14.52% |
| 2021 | 14.4 | 0.41% |
| 2020 | 14.4 | -18.35% |
| 2019 | 17.6 | -26.71% |
| 2018 | 24.0 | -68.61% |
| 2017 | 76.5 | -4053.14% |
| 2016 | -1.94 | -109.7% |
| 2015 | 20.0 | -44.43% |
| 2014 | 35.9 | 201.8% |
| 2013 | 11.9 | 10.2% |
| 2012 | 10.8 | -8.86% |
| 2011 | 11.8 | 15.02% |
| 2010 | 10.3 | -8.89% |
| 2009 | 11.3 | -9.79% |
| 2008 | 12.5 | 32.91% |
| 2007 | 9.43 | -0.96% |
| 2006 | 9.52 | -8.4% |
| 2005 | 10.4 | -8.9% |
| 2004 | 11.4 | 24.7% |
| 2003 | 9.15 | -22.78% |
| 2002 | 11.8 | -7.34% |
| 2001 | 12.8 |
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.