ENI
E
#337
Rank
$53.89 B
Marketcap
$32.86
Share price
-0.79%
Change (1 day)
7.42%
Change (1 year)

P/E ratio for ENI (E)

P/E ratio as of April 2024 (TTM): 6.09

According to ENI's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.09339. At the end of 2022 the company had a P/E ratio of 3.51.

P/E ratio history for ENI from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20223.51-50.81%
20217.14-287.06%
2020-3.82-101.07%
20193562931.64%
201811.7-22.46%
201715.1-143.9%
2016-34.5501.86%
2015-5.73-118.35%
201431.2143.47%
201312.847.36%
20128.7010.21%
20117.89-16.53%
20109.46-37.07%
200915.0134.71%
20086.40-40.26%
200710.73.42%
200610.41.07%
200510.3-3.06%
200410.6-2.09%
200310.8-7.45%
200211.7107.49%
20015.62

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
12.0 96.92%๐Ÿ‡จ๐Ÿ‡ณ China
4.53-25.70%๐Ÿ‡ฌ๐Ÿ‡ง UK
10.6 73.50%๐Ÿ‡บ๐Ÿ‡ธ USA
11.9 95.04%๐Ÿ‡บ๐Ÿ‡ธ USA
11.7 91.29%๐Ÿ‡บ๐Ÿ‡ธ USA

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.