According to Apetit Oyj's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 190.311. At the end of 2023 the company had a P/E ratio of 8.43.
Year | P/E ratio | Change |
---|---|---|
2023 | 8.43 | -31.41% |
2022 | 12.3 | -63.66% |
2021 | 33.8 | 64.34% |
2020 | 20.6 | -286.35% |
2019 | -11.0 | 46.5% |
2018 | -7.54 | -94.66% |
2017 | -141 | -306.85% |
2016 | 68.3 | -472.34% |
2015 | -18.3 | 74.03% |
2014 | -10.5 | -188.29% |
2013 | 11.9 | -12.43% |
2012 | 13.6 | -14.72% |
2011 | 16.0 | -5.04% |
2010 | 16.8 | 1.07% |
2009 | 16.6 | 236.93% |
2008 | 4.94 | -35.82% |
2007 | 7.70 | 6553.92% |
2006 | 0.1157 | -98.84% |
2005 | 9.94 | 35.83% |
2004 | 7.32 | -30.84% |
2003 | 10.6 | -58.49% |
2002 | 25.5 |
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.