ENI
E
#286
Rank
$53.82 B
Marketcap
$29.61
Share price
0.10%
Change (1 day)
12.20%
Change (1 year)

P/E ratio for ENI (E)

P/E ratio as of December 2022 (TTM): 2.92

According to ENI's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.91635. At the end of 2021 the company had a P/E ratio of 7.14.

P/E ratio history for ENI from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20217.14-287.06%
2020-3.82-101.07%
20193563009.16%
201811.4
2016-34.5522.39%
2015-5.54
201312.847.36%
20128.70

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.10 143.39%๐Ÿ‡จ๐Ÿ‡ณ China
-10.6-463.64%๐Ÿ‡ฌ๐Ÿ‡ง UK
5.83 99.92%๐Ÿ‡บ๐Ÿ‡ธ USA
9.09 211.66%๐Ÿ‡บ๐Ÿ‡ธ USA
10.4 256.12%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.