REVO Insurance S.p.A.
REVO.MI
#6422
Rank
โ‚ฌ0.66 B
Marketcap
23,30ย โ‚ฌ
Share price
-0.64%
Change (1 day)
76.13%
Change (1 year)

P/E ratio for REVO Insurance S.p.A. (REVO.MI)

P/E ratio at the end of 2024: 15.4

According to REVO Insurance S.p.A.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.8319. At the end of 2024 the company had a P/E ratio of 15.4.

P/E ratio history for REVO Insurance S.p.A. from 2022 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202415.4-16.54%
202318.4-44.79%
202233.4

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.