According to Equinor's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.06667. At the end of 2022 the company had a P/E ratio of 3.94.
Year | P/E ratio | Change |
---|---|---|
2022 | 3.94 | -60.46% |
2021 | 9.97 | -202.65% |
2020 | -9.72 | -126.84% |
2019 | 36.2 | 288.16% |
2018 | 9.33 | -39.05% |
2017 | 15.3 | -177.17% |
2016 | -19.8 | 128.48% |
2015 | -8.68 | -161.16% |
2014 | 14.2 | 22.55% |
2013 | 11.6 | 73.17% |
2012 | 6.69 | 12.23% |
2011 | 5.96 | -49.8% |
2010 | 11.9 | -54.1% |
2009 | 25.9 | 246.98% |
2008 | 7.45 | -38.92% |
2007 | 12.2 | 78.26% |
2006 | 6.84 | -36.98% |
2005 | 10.9 | 28.66% |
2004 | 8.44 | -15.38% |
2003 | 9.98 | 31.44% |
2002 | 7.59 | 5.75% |
2001 | 7.18 |
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.