Fastighets AB Trianon
TRIAN-B.ST
#7053
Rank
$0.39 B
Marketcap
$1.96
Share price
1.89%
Change (1 day)
47.24%
Change (1 year)

P/E ratio for Fastighets AB Trianon (TRIAN-B.ST)

P/E ratio as of November 2024 (TTM): 29.0

According to Fastighets AB Trianon's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.0416. At the end of 2023 the company had a P/E ratio of -10.5.

P/E ratio history for Fastighets AB Trianon from 2017 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-10.5-142.44%
202224.8250.84%
20217.07-31.63%
202010.3-14.52%
201912.141.16%
20188.5871.51%
20175.00

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.