Caisse régionale de Crédit Agricole Mutuel Atlantique Vendée
CRAV.PA
#6238
Rank
HK$5.18 B
Marketcap
HK$693.45
Share price
2.00%
Change (1 day)
-1.10%
Change (1 year)

P/E ratio for Caisse régionale de Crédit Agricole Mutuel Atlantique Vendée (CRAV.PA)

P/E ratio at the end of 2023: 6.89

According to Caisse régionale de Crédit Agricole Mutuel Atlantique Vendée's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.87111. At the end of 2023 the company had a P/E ratio of 6.89.

P/E ratio history for Caisse régionale de Crédit Agricole Mutuel Atlantique Vendée from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20236.8980.04%
20223.83-28.94%
20215.38-61.23%
202013.941.61%
20199.8135.31%
20187.250.92%
20177.1811.72%
20166.4334.26%
20154.79-8.5%
20145.2329.31%
20134.0515.84%
20123.4921.25%
20112.88-27.31%
20103.9610.01%
20093.6044.59%
20082.49

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.