P/E ratio for Finnair (FIA1S.HE)
P/E ratio as of December 2023 (TTM): 0.7181
According to Finnair 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.71813. At the end of 2022 the company had a P/E ratio of -11.5.
P/E ratio history for Finnair from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -11.5 | 106.53% |
| 2021 | -5.56 | -10.98% |
| 2020 | -6.25 | -104.24% |
| 2019 | 147 | 21.07% |
| 2018 | 122 | -47.95% |
| 2017 | 234 | 69.61% |
| 2016 | 138 | 94.79% |
| 2015 | 70.7 | -328.59% |
| 2014 | -30.9 | -81.56% |
| 2013 | -168 | 4.12% |
| 2012 | -161 | 349.33% |
| 2011 | -35.9 | |
| 2009 | -55.2 |
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.