P/E ratio for Eramet (ERA.PA)
P/E ratio at the end of 2022: 3.03
According to Eramet's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.41222. At the end of 2022 the company had a P/E ratio of 3.03.
P/E ratio history for Eramet from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.03 | -48.9% |
| 2021 | 5.94 | -544.08% |
| 2020 | -1.34 | -77.25% |
| 2019 | -5.88 | -123.16% |
| 2018 | 25.4 | 135.9% |
| 2017 | 10.8 | -235.49% |
| 2016 | -7.94 | 676.83% |
| 2015 | -1.02 | -90.01% |
| 2014 | -10.2 | 185.64% |
| 2013 | -3.58 | -101.41% |
| 2012 | 254 | 2487.34% |
| 2011 | 9.83 | -36.9% |
| 2010 | 15.6 | -203.52% |
| 2009 | -15.0 | -512.31% |
| 2008 | 3.65 | -65.32% |
| 2007 | 10.5 | 41.83% |
| 2006 | 7.42 | 59.74% |
| 2005 | 4.64 | 13014.23% |
| 2004 | 0.0354 | -100.51% |
| 2003 | -6.95 | -108.12% |
| 2002 | 85.6 | -134.66% |
| 2001 | -247 |
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.