According to Imerys's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.0256. At the end of 2022 the company had a P/E ratio of 12.9.
Year | P/E ratio | Change |
---|---|---|
2022 | 12.9 | 0.18% |
2021 | 12.9 | -87.58% |
2020 | 104 | 323.03% |
2019 | 24.6 | 337.27% |
2018 | 5.62 | -65.23% |
2017 | 16.2 | -32.69% |
2016 | 24.0 | -85.34% |
2015 | 164 | 858.31% |
2014 | 17.1 | -13.29% |
2013 | 19.7 | 53.98% |
2012 | 12.8 |
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.