P/E ratio for Fairfax Financial (FFH.TO)
P/E ratio as of April 2024 (TTM): 5.07
According to Fairfax Financial 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.06561. At the end of 2022 the company had a P/E ratio of 4.66.
P/E ratio history for Fairfax Financial from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.66 | 23.46% |
| 2021 | 3.78 | -91.61% |
| 2020 | 45.0 | 601.16% |
| 2019 | 6.42 | -82.95% |
| 2018 | 37.6 | 351.91% |
| 2017 | 8.33 | -141.66% |
| 2016 | -20.0 | -200.54% |
| 2015 | 19.9 | 182.15% |
| 2014 | 7.05 | -155.43% |
| 2013 | -12.7 | -181.36% |
| 2012 | 15.6 | -100.84% |
| 2011 | < -1000 | -6941.35% |
| 2010 | 27.2 | 203.49% |
| 2009 | 8.96 | 125.56% |
| 2008 | 3.97 | -15.46% |
| 2007 | 4.70 | -71.39% |
| 2006 | 16.4 | -432.14% |
| 2005 | -4.95 | -93.65% |
| 2004 | -78.0 | -967.85% |
| 2003 | 8.98 | 86.39% |
| 2002 | 4.82 | -166.24% |
| 2001 | -7.27 |
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.