P/E ratio for Fenix Outdoor (FOI-B.ST)
P/E ratio as of April 2024 (TTM): 18.1
According to Fenix Outdoor's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.1039. At the end of 2022 the company had a P/E ratio of 17.5.
P/E ratio history for Fenix Outdoor from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.5 | -37.14% |
| 2021 | 27.9 | -35.01% |
| 2020 | 42.9 | 74.44% |
| 2019 | 24.6 | 52.64% |
| 2018 | 16.1 | -38.67% |
| 2017 | 26.3 | 39.72% |
| 2016 | 18.8 | -12.94% |
| 2015 | 21.6 | 1.63% |
| 2014 | 21.2 |
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.