P/E ratio for Fluxys Belgium (FLUX.BR)
P/E ratio at the end of 2021: 28.0
According to Fluxys Belgium's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.2959. At the end of 2021 the company had a P/E ratio of 28.0.
P/E ratio history for Fluxys Belgium from 2003 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 28.0 | 12.02% |
| 2020 | 25.0 | -9.96% |
| 2019 | 27.7 | -6.24% |
| 2018 | 29.6 | 27.49% |
| 2017 | 23.2 | -39.46% |
| 2016 | 38.3 | 29.74% |
| 2015 | 29.5 | 6.5% |
| 2014 | 27.7 | 30.62% |
| 2013 | 21.2 | 0.69% |
| 2012 | 21.1 | 56.73% |
| 2011 | 13.5 | |
| 2009 | 11.6 | 31.61% |
| 2008 | 8.82 | -45.97% |
| 2007 | 16.3 | -18.94% |
| 2006 | 20.1 | 0.37% |
| 2005 | 20.1 | 51.84% |
| 2004 | 13.2 | 13.92% |
| 2003 | 11.6 |
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.