P/E ratio for Entra (ENTRA.OL)
P/E ratio as of May 2024 (TTM): -4.15
According to Entra's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.14971. At the end of 2022 the company had a P/E ratio of -30.4.
P/E ratio history for Entra from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -30.4 | -526.83% |
| 2021 | 7.13 | 10.12% |
| 2020 | 6.48 | -27.88% |
| 2019 | 8.98 | 6.76% |
| 2018 | 8.41 | 67.51% |
| 2017 | 5.02 | -16.53% |
| 2016 | 6.02 | 21.68% |
| 2015 | 4.94 | -56.61% |
| 2014 | 11.4 |
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.