P/E ratio for Imerys (NK.PA)
P/E ratio as of April 2024 (TTM): 13.3
According to Imerys's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.2757. At the end of 2022 the company had a P/E ratio of 12.9.
P/E ratio history for Imerys from 2012 to 2023
PE ratio at the end of each year
| 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 |
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.