According to flatexDEGIRO AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.2614. At the end of 2022 the company had a P/E ratio of 6.09.
Year | P/E ratio | Change |
---|---|---|
2022 | 6.09 | -83.99% |
2021 | 38.0 | 62.04% |
2020 | 23.5 | -17.38% |
2019 | 28.4 | 78.37% |
2018 | 15.9 | -37.62% |
2017 | 25.5 | 45.89% |
2016 | 17.5 | -112.5% |
2015 | -140 | 977.2% |
2014 | -13.0 | -76.72% |
2013 | -55.8 | -183.46% |
2012 | 66.9 | 777.59% |
2011 | 7.62 | -31.68% |
2010 | 11.2 |
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.