P/E ratio for Fresenius (FRE.DE)
P/E ratio as of May 2023 (TTM): 9.86
According to Fresenius's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.85567. At the end of 2021 the company had a P/E ratio of 10.9.
P/E ratio history for Fresenius from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 10.9 | -12.19% |
| 2020 | 12.4 | -16.71% |
| 2019 | 14.9 | 25.49% |
| 2018 | 11.9 | -40.55% |
| 2017 | 19.9 | -21.75% |
| 2016 | 25.5 | -3.62% |
| 2015 | 26.4 | 20.45% |
| 2014 | 21.9 | 11.11% |
| 2013 | 19.8 | 21.22% |
| 2012 | 16.3 | -3.52% |
| 2011 | 16.9 | 3.43% |
| 2010 | 16.3 | 14.78% |
| 2009 | 14.2 | -32.98% |
| 2008 | 21.2 | 0.24% |
| 2007 | 21.2 | -10.14% |
| 2006 | 23.6 | 17.16% |
| 2005 | 20.1 | 229.17% |
| 2004 | 6.11 | -20.86% |
| 2003 | 7.72 | 108.42% |
| 2002 | 3.70 |
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.