According to Fonterra's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.5115. At the end of 2022 the company had a P/E ratio of 5.66.
Year | P/E ratio | Change |
---|---|---|
2022 | 5.66 | 6.4% |
2021 | 5.32 | -14.66% |
2020 | 6.24 | -181.93% |
2019 | -7.61 | -69.89% |
2018 | -25.3 | -407.23% |
2017 | 8.23 | 11.13% |
2016 | 7.40 | -34.93% |
2015 | 11.4 | -66.77% |
2014 | 34.2 | 244.26% |
2013 | 9.94 |
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.