P/E ratio for Elica S.p.A. (ELC.MI)
P/E ratio as of April 2025 (TTM): 41.0
According to Elica S.p.A.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 41.0261. At the end of 2022 the company had a P/E ratio of 11.3.
P/E ratio history for Elica S.p.A. from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.3 | -40.81% |
| 2021 | 19.0 | -117.35% |
| 2020 | -110 | -275.39% |
| 2019 | 62.6 | -170.9% |
| 2018 | -88.3 | -109.84% |
| 2017 | 897 | -4437.69% |
| 2016 | -20.7 | -203.97% |
| 2015 | 19.9 | -50.1% |
| 2014 | 39.9 | -47.14% |
| 2013 | 75.4 | 529.7% |
| 2012 | 12.0 | 9.34% |
| 2011 | 11.0 | -42.91% |
| 2010 | 19.2 | -95.91% |
| 2009 | 469 | 3373.49% |
| 2008 | 13.5 | 14.74% |
| 2007 | 11.8 | 3236.98% |
| 2006 | 0.3525 |
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.