P/E ratio for Eutelsat (ETL.PA)
P/E ratio at the end of 2022: 10.7
According to Eutelsat's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.91689. At the end of 2022 the company had a P/E ratio of 10.7.
P/E ratio history for Eutelsat from 2006 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.7 | 21.19% |
| 2021 | 8.84 | 56.99% |
| 2020 | 5.63 | -44.22% |
| 2019 | 10.1 | -16.73% |
| 2018 | 12.1 | -7.23% |
| 2017 | 13.1 | 28.43% |
| 2016 | 10.2 | -39.37% |
| 2015 | 16.8 | 24.51% |
| 2014 | 13.5 | 29.82% |
| 2013 | 10.4 | -19.65% |
| 2012 | 12.9 | -6.14% |
| 2011 | 13.8 | -23.62% |
| 2010 | 18.0 | 57.72% |
| 2009 | 11.4 | -20.51% |
| 2008 | 14.4 | -20.67% |
| 2007 | 18.1 | -73.27% |
| 2006 | 67.8 |
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.