P/E ratio for Grupo Elektra (XEKT.MC)
P/E ratio as of April 2024 (TTM): 40.0
According to Grupo Elektra 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.0446. At the end of 2022 the company had a P/E ratio of -32.2.
P/E ratio history for Grupo Elektra from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -32.2 | -233.62% |
| 2021 | 24.1 | -110% |
| 2020 | -241 | -1301.7% |
| 2019 | 20.0 | 38.25% |
| 2018 | 14.5 | 46.2% |
| 2017 | 9.92 | -10.13% |
| 2016 | 11.0 | -168.38% |
| 2015 | -16.1 | -190.12% |
| 2014 | 17.9 | -86.76% |
| 2013 | 135 | -1984.68% |
| 2012 | -7.18 | -166.27% |
| 2011 | 10.8 | -42.61% |
| 2010 | 18.9 | -40.41% |
| 2009 | 31.7 |
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.