Thales
HO.PA
#590
Rank
ยฃ27.28 B
Marketcap
ยฃ132.92
Share price
0.41%
Change (1 day)
11.11%
Change (1 year)

P/E ratio for Thales (HO.PA)

P/E ratio at the end of 2022: 22.9

According to Thales's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.5594. At the end of 2022 the company had a P/E ratio of 22.9.

P/E ratio history for Thales from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202222.962.15%
202114.1-51.94%
202029.472.36%
201917.1-18.53%
201820.9-17.5%
201725.419.66%
201621.213.19%
201518.764.33%
201411.4-11.01%
201312.874.53%
20127.35-6.82%
20117.88-119.93%
2010-39.651%
2009-26.2-425.29%
20088.0622.14%
20076.59-51.25%
200613.5-23.7%
200517.725.39%
200414.1-57.63%
200333.4-6.92%
200235.9-308.79%
2001-17.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-129-522.95%๐Ÿ‡บ๐Ÿ‡ธ USA
30.6 0.00%๐Ÿ‡ซ๐Ÿ‡ท France

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.