P/E ratio for Freenet (FNTN.F)
P/E ratio as of April 2024 (TTM): 49.2
According to Freenet's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 49.2039. At the end of 2022 the company had a P/E ratio of 30.4.
P/E ratio history for Freenet from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 30.4 | 111.27% |
| 2021 | 14.4 | 271.36% |
| 2020 | 3.87 | -71.93% |
| 2019 | 13.8 | 38.29% |
| 2018 | 9.97 | -27.47% |
| 2017 | 13.7 | -8.34% |
| 2016 | 15.0 | -17.68% |
| 2015 | 18.2 | 48.85% |
| 2014 | 12.2 | 5.38% |
| 2013 | 11.6 | 7.13% |
| 2012 | 10.8 | 21.64% |
| 2011 | 8.91 | -17.58% |
| 2010 | 10.8 | 128.56% |
| 2009 | 4.73 |
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.