According to Forvia SE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.67002. At the end of 2022 the company had a P/E ratio of -6.55.
Year | P/E ratio | Change |
---|---|---|
2022 | -6.55 | -90.6% |
2021 | -69.7 | 415.84% |
2020 | -13.5 | -225.02% |
2019 | 10.8 | 85.46% |
2018 | 5.83 | -57.04% |
2017 | 13.6 | 64.98% |
2016 | 8.22 | -34.26% |
2015 | 12.5 | -38.07% |
2014 | 20.2 | -26.94% |
2013 | 27.6 | 257.9% |
2012 | 7.72 | 110.73% |
2011 | 3.67 | -61.34% |
2010 | 9.48 | -653.98% |
2009 | -1.71 | 508.78% |
2008 | -0.2811 | -92.11% |
2007 | -3.56 | 64.43% |
2006 | -2.17 | -65.2% |
2005 | -6.23 | -7461.08% |
2004 | 0.0846 |
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.