P/E ratio for Encavis (ECV.F)
P/E ratio as of April 2024 (TTM): 42.9
According to Encavis's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 42.8527. At the end of 2022 the company had a P/E ratio of 38.0.
P/E ratio history for Encavis from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 38.0 | 26.71% |
| 2021 | 30.0 | -89.86% |
| 2020 | 296 | 437.09% |
| 2019 | 55.1 | -69.91% |
| 2018 | 183 | 499.63% |
| 2017 | 30.5 | -47.17% |
| 2016 | 57.8 | 141.05% |
| 2015 | 24.0 | 77.87% |
| 2014 | 13.5 | -12.73% |
| 2013 | 15.4 | -34.13% |
| 2012 | 23.4 |
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.