Entech SA
ALESE.PA
#8924
Rank
HK$0.65 B
Marketcap
HK$41.37
Share price
4.08%
Change (1 day)
-50.73%
Change (1 year)

P/E ratio for Entech SA (ALESE.PA)

P/E ratio at the end of 2023: -150

According to Entech SA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -95.9612. At the end of 2023 the company had a P/E ratio of -150.

P/E ratio history for Entech SA from 2022 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-150-51.23%
2022-308

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.