P/E ratio for Elis (ELIS.PA)
P/E ratio at the end of 2021: 28.2
According to Elis's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.3104. At the end of 2021 the company had a P/E ratio of 28.2.
P/E ratio history for Elis from 2015 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 28.2 | -97.61% |
| 2020 | > 1000 | 4084.44% |
| 2019 | 28.2 | -21.89% |
| 2018 | 36.1 | -54.76% |
| 2017 | 79.8 | 275.51% |
| 2016 | 21.2 | -177.84% |
| 2015 | -27.3 |
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.