P/E ratio for Forbo Holding (FORN.SW)
P/E ratio at the end of 2021: 20.4
According to Forbo Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.6027. At the end of 2021 the company had a P/E ratio of 20.4.
P/E ratio history for Forbo Holding from 2002 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 20.4 | -7.2% |
| 2020 | 22.0 | 8.67% |
| 2019 | 20.3 | 12.14% |
| 2018 | 18.1 | -74.84% |
| 2017 | 71.8 | 265.83% |
| 2016 | 19.6 | -4.67% |
| 2015 | 20.6 | 18.6% |
| 2014 | 17.4 | 33.09% |
| 2013 | 13.0 | 114.9% |
| 2012 | 6.07 | -24.79% |
| 2011 | 8.07 | -4.28% |
| 2010 | 8.43 | -26.31% |
| 2009 | 11.4 | -64.77% |
| 2008 | 32.5 | 63.27% |
| 2007 | 19.9 | -27.53% |
| 2006 | 27.4 | -141.82% |
| 2005 | -65.6 | 2157.79% |
| 2004 | -2.91 | -104.78% |
| 2003 | 60.8 | 217.82% |
| 2002 | 19.1 |
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.