P/E ratio for Fomento de Construcciones y Contratas (FCC.MC)
P/E ratio as of April 2024 (TTM): 8.43
According to Fomento de Construcciones y Contratas 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.42595. At the end of 2020 the company had a P/E ratio of 13.6.
P/E ratio history for Fomento de Construcciones y Contratas from 2009 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 13.6 | -14.26% |
| 2019 | 15.9 | -9.71% |
| 2018 | 17.6 | -36.41% |
| 2017 | 27.7 | -256.51% |
| 2016 | -17.7 | -55.04% |
| 2015 | -39.3 | 1339.05% |
| 2014 | -2.73 | 102.47% |
| 2013 | -1.35 | 29.97% |
| 2012 | -1.04 | -105.21% |
| 2011 | 19.9 | 163.67% |
| 2010 | 7.56 | -37.61% |
| 2009 | 12.1 |
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.