Grifols
GRFS
#1927
Rank
$6.73 B
Marketcap
$8.31
Share price
1.96%
Change (1 day)
-21.31%
Change (1 year)

P/E ratio for Grifols (GRFS)

P/E ratio as of December 2022 (TTM): 12.7

According to Grifols's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.7256. At the end of 2021 the company had a P/E ratio of 37.2.

P/E ratio history for Grifols from 2012 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202137.2122.7%
202016.7-26.57%
201922.825.56%
201818.1-7.91%
201719.73.15%
201619.1-0.92%
201519.3-6.17%
201420.5-20.98%
201326.00.54%
201225.8-42.48%
201144.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
24.5 92.88%๐Ÿ‡บ๐Ÿ‡ธ USA
22.8 79.18%๐Ÿ‡บ๐Ÿ‡ธ USA
-11.1-187.39%๐Ÿ‡บ๐Ÿ‡ธ USA
25.8 102.92%๐Ÿ‡บ๐Ÿ‡ธ USA

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.