P/E ratio for Eurobank Ergasias Services and Holdings (EUROB.AT)
P/E ratio as of May 2024 (TTM): 7.25
According to Eurobank Ergasias Services and Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.24732. At the end of 2022 the company had a P/E ratio of 3.01.
P/E ratio history for Eurobank Ergasias Services and Holdings from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.01 | -69.57% |
| 2021 | 9.90 | -664.89% |
| 2020 | -1.75 | -108.15% |
| 2019 | 21.5 | 139.13% |
| 2018 | 9.00 | -47.06% |
| 2017 | 17.0 | 189.92% |
| 2016 | 5.86 | -4023% |
| 2015 | -0.1495 | -90.74% |
| 2014 | -1.61 | -1945.02% |
| 2013 | 0.0875 | -130.59% |
| 2012 | -0.2861 | 664.82% |
| 2011 | -0.0374 | -100.14% |
| 2010 | 26.8 | 59.92% |
| 2009 | 16.7 |
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.