Crédit Agricole Mutuel de la Touraine et du Poitou
CRTO.PA
#6414
Rank
₹70.82 B
Marketcap
₹11,293
Share price
3.10%
Change (1 day)
74.83%
Change (1 year)

P/E ratio for Crédit Agricole Mutuel de la Touraine et du Poitou (CRTO.PA)

P/E ratio at the end of 2024: 8.11

According to Crédit Agricole Mutuel de la Touraine et du Poitou's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.1568. At the end of 2024 the company had a P/E ratio of 8.11.

P/E ratio history for Crédit Agricole Mutuel de la Touraine et du Poitou from 2011 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20248.1122.67%
20236.6176.7%
20223.74-48.34%
20217.25-9%
20207.96-19.08%
20199.8416.7%
20188.4326.95%
20176.648.41%
20166.1310.35%
20155.5532.83%
20144.1810.95%
20133.7744.25%
20122.6119.38%
20112.19

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.