P/E ratio for Fluidra (FDR.MC)
P/E ratio as of April 2024 (TTM): -33.0
According to Fluidra's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -32.9734. At the end of 2021 the company had a P/E ratio of 26.6.
P/E ratio history for Fluidra from 2016 to 2018
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 26.6 | -35.24% |
| 2020 | 41.0 | -85.27% |
| 2019 | 279 | -746.49% |
| 2018 | -43.1 | -202.19% |
| 2017 | 42.2 | 110.32% |
| 2016 | 20.1 | -25.31% |
| 2015 | 26.9 | -45.83% |
| 2014 | 49.6 | -264.88% |
| 2013 | -30.1 | -277.05% |
| 2012 | 17.0 | 22.14% |
| 2011 | 13.9 | -13.12% |
| 2010 | 16.0 | -128.89% |
| 2009 | -55.4 | -558.19% |
| 2008 | 12.1 | -41.57% |
| 2007 | 20.7 |
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.