P/E ratio for Groupe Lagardère (MMB.PA)
P/E ratio at the end of 2022: 17.4
According to Groupe Lagardère 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 17.4.
P/E ratio history for Groupe Lagardère from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.4 | -153.48% |
| 2021 | -32.6 | 730.1% |
| 2020 | -3.93 | -97.56% |
| 2019 | -161 | -1111.48% |
| 2018 | 15.9 | -18.93% |
| 2017 | 19.7 | 1.27% |
| 2016 | 19.4 | -59% |
| 2015 | 47.3 | -30.48% |
| 2014 | 68.1 | 2482.26% |
| 2013 | 2.64 | -92.86% |
| 2012 | 37.0 | -1107.26% |
| 2011 | -3.67 | -115.07% |
| 2010 | 24.3 | -7.66% |
| 2009 | 26.4 | 0.11% |
| 2008 | 26.3 | 141.39% |
| 2007 | 10.9 | -61.91% |
| 2006 | 28.6 | 115.01% |
| 2005 | 13.3 | -8.7% |
| 2004 | 14.6 |
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.