P/E ratio for Ferrum S.A. de Cerámica y Metalurgia (FERR.BA)
P/E ratio as of May 2024 (TTM): 327
According to Ferrum S.A. de Cerámica y Metalurgia's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 327.209. At the end of 2022 the company had a P/E ratio of 147.
P/E ratio history for Ferrum S.A. de Cerámica y Metalurgia from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 147 | 518.6% |
| 2021 | 23.7 | -75.61% |
| 2020 | 97.2 | -68.83% |
| 2019 | 312 | -280.63% |
| 2018 | -173 | -147.54% |
| 2017 | 363 | 147.54% |
| 2016 | 147 | 111.67% |
| 2015 | 69.3 | 25.87% |
| 2014 | 55.0 | 10% |
| 2013 | 50.0 | 2.99% |
| 2012 | 48.6 |
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.