P/E ratio for Erste Group Bank (EBO.F)
P/E ratio as of September 2023 (TTM): 5.32
According to Erste Group Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.31685. At the end of 2021 the company had a P/E ratio of 9.94.
P/E ratio history for Erste Group Bank from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 9.94 | -37.28% |
| 2020 | 15.8 | 51.8% |
| 2019 | 10.4 | 47.82% |
| 2018 | 7.06 | -42.16% |
| 2017 | 12.2 | 27.87% |
| 2016 | 9.55 | -25.02% |
| 2015 | 12.7 | -324% |
| 2014 | -5.69 | -98.65% |
| 2013 | -421 | -1572.68% |
| 2012 | 28.6 | -585.1% |
| 2011 | -5.89 | -138.75% |
| 2010 | 15.2 | 38.16% |
| 2009 | 11.0 | 91.61% |
| 2008 | 5.75 | -54.61% |
| 2007 | 12.7 | -32.01% |
| 2006 | 18.6 | 11854.3% |
| 2005 | 0.1557 | -12.69% |
| 2004 | 0.1784 | -98.91% |
| 2003 | 16.4 | 24.95% |
| 2002 | 13.1 |
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.