P/E ratio for Gévelot SA (ALGEV.PA)
P/E ratio at the end of 2023: 11.6
According to Gévelot SA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4889. At the end of 2023 the company had a P/E ratio of 11.6.
P/E ratio history for Gévelot SA from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 11.6 | -34.77% |
| 2022 | 17.8 | 7.11% |
| 2021 | 16.6 | -84.93% |
| 2020 | 110 | 542.8% |
| 2019 | 17.1 | -23.64% |
| 2018 | 22.4 | -72.08% |
| 2017 | 80.4 | 859.95% |
| 2016 | 8.37 | -117.47% |
| 2015 | -47.9 | -3208.04% |
| 2014 | 1.54 | -79.1% |
| 2013 | 7.38 | -269.2% |
| 2012 | -4.36 | -267.1% |
| 2011 | 2.61 | -25.06% |
| 2010 | 3.48 | -130.1% |
| 2009 | -11.6 | -525.02% |
| 2008 | 2.72 | -42.14% |
| 2007 | 4.70 | -54.61% |
| 2006 | 10.4 |
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.