Adevinta
ADE.OL
#1416
Rank
ยฃ9.79 B
Marketcap
ยฃ8.02
Share price
0.00%
Change (1 day)
4.25%
Change (1 year)

P/E ratio for Adevinta (ADE.OL)

P/E ratio on August 2, 2024 (TTM): -6.81

According to Adevinta 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.8128. At the end of 2022 the company had a P/E ratio of -4.40.

P/E ratio history for Adevinta from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-4.40-96.11%
2021-113-20.13%
2020-141-224.45%
2019114

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.