P/E ratio for Fiskars (FSKRS.HE)
P/E ratio as of April 2024 (TTM): 25.8
According to Fiskars's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.7767. At the end of 2022 the company had a P/E ratio of 12.7.
P/E ratio history for Fiskars from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.7 | -41.42% |
| 2021 | 21.7 | 20.22% |
| 2020 | 18.0 | 0.98% |
| 2019 | 17.9 | 57.67% |
| 2018 | 11.3 | -87.45% |
| 2017 | 90.3 | 438.86% |
| 2016 | 16.8 | 26.43% |
| 2015 | 13.3 | 836.53% |
| 2014 | 1.42 | -88.98% |
| 2013 | 12.9 | 125.98% |
| 2012 | 5.69 | 5.45% |
| 2011 | 5.39 | |
| 2009 | 7.49 |
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.