P/E ratio for Carrefour (CA.PA)
P/E ratio at the end of 2021: 10.4
According to Carrefour's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.1425. At the end of 2021 the company had a P/E ratio of 10.4.
P/E ratio history for Carrefour from 2001 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 10.4 | -28.17% |
| 2020 | 14.5 | 52.2% |
| 2019 | 9.51 | -153.37% |
| 2018 | -17.8 | -16.98% |
| 2017 | -21.5 | -199.71% |
| 2016 | 21.5 | 17.2% |
| 2015 | 18.4 | 58.4% |
| 2014 | 11.6 | 1.88% |
| 2013 | 11.4 | 38.56% |
| 2012 | 8.22 | -66.15% |
| 2011 | 24.3 | -34.39% |
| 2010 | 37.0 | -37.11% |
| 2009 | 58.8 | 456.65% |
| 2008 | 10.6 | -21.56% |
| 2007 | 13.5 | 1.95% |
| 2006 | 13.2 | 1.39% |
| 2005 | 13.0 | 29.31% |
| 2004 | 10.1 | -32.84% |
| 2003 | 15.0 | -23.35% |
| 2002 | 19.6 | -38.05% |
| 2001 | 31.6 |
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.