According to Deutsche Börse's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.9711. At the end of 2022 the company had a P/E ratio of 19.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 19.8 | -11.17% |
2021 | 22.3 | -5.58% |
2020 | 23.6 | -7.73% |
2019 | 25.6 | 7.85% |
2018 | 23.8 | 14.85% |
2017 | 20.7 | 84.32% |
2016 | 11.2 | -50.36% |
2015 | 22.6 | 58.05% |
2014 | 14.3 | -38.22% |
2013 | 23.2 | 69.45% |
2012 | 13.7 | 45.77% |
2011 | 9.37 | -59.28% |
2010 | 23.0 | 5.98% |
2009 | 21.7 |
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.