According to CaixaBank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.0321. At the end of 2022 the company had a P/E ratio of 9.10.
Year | P/E ratio | Change |
---|---|---|
2022 | 9.10 | 141.07% |
2021 | 3.77 | -60.46% |
2020 | 9.54 | -14.08% |
2019 | 11.1 | 9.58% |
2018 | 10.1 | -27.79% |
2017 | 14.0 | -17.77% |
2016 | 17.1 | -25.04% |
2015 | 22.8 | -41.67% |
2014 | 39.0 | -5.73% |
2013 | 41.4 | -21.3% |
2012 | 52.6 | 57.47% |
2011 | 33.4 | 34.77% |
2010 | 24.8 |
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.