P/E ratio for Fresenius (FRE.DE)
P/E ratio as of April 2024 (TTM): 15.2
According to Fresenius's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.173. At the end of 2022 the company had a P/E ratio of 10.8.
P/E ratio history for Fresenius from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.8 | -0.97% |
| 2021 | 10.9 | -12.31% |
| 2020 | 12.4 | -16.71% |
| 2019 | 14.9 | 25.49% |
| 2018 | 11.9 | -40.55% |
| 2017 | 19.9 | -23.63% |
| 2016 | 26.1 | -1.26% |
| 2015 | 26.4 | 20.45% |
| 2014 | 21.9 | 11.51% |
| 2013 | 19.7 | 20.8% |
| 2012 | 16.3 | -3.52% |
| 2011 | 16.9 | 3.43% |
| 2010 | 16.3 | 14.78% |
| 2009 | 14.2 |
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.