According to FLSmidth's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 58.2012. At the end of 2022 the company had a P/E ratio of 38.7.
Year | P/E ratio | Change |
---|---|---|
2022 | 38.7 | 9.37% |
2021 | 35.4 | -36.12% |
2020 | 55.4 | 223.72% |
2019 | 17.1 | -25.88% |
2018 | 23.1 | -90.41% |
2017 | 241 | 771.39% |
2016 | 27.6 | -3.23% |
2015 | 28.6 | 72.04% |
2014 | 16.6 | -187.48% |
2013 | -19.0 | -241.96% |
2012 | 13.4 | 7.36% |
2011 | 12.5 | -42.88% |
2010 | 21.8 | 88.92% |
2009 | 11.5 |
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.