P/E ratio for Eleco (ELCO.L)
P/E ratio at the end of 2023: 25.7
According to Eleco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3722.65. At the end of 2023 the company had a P/E ratio of 25.7.
P/E ratio history for Eleco from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 25.7 | 1.76% |
| 2022 | 25.2 | -5.47% |
| 2021 | 26.7 | 37.24% |
| 2020 | 19.4 | -17.57% |
| 2019 | 23.6 | -22.19% |
| 2018 | 30.3 | 88.75% |
| 2017 | 16.1 | -13.08% |
| 2016 | 18.5 | 23.31% |
| 2015 | 15.0 | 812.89% |
| 2014 | 1.64 | -241.23% |
| 2013 | -1.16 | -13.7% |
| 2012 | -1.35 | -23.56% |
| 2011 | -1.76 | -11.69% |
| 2010 | -2.00 | -84.11% |
| 2009 | -12.6 | -363.16% |
| 2008 | 4.77 | -29.49% |
| 2007 | 6.77 | 0.14% |
| 2006 | 6.76 | 21.99% |
| 2005 | 5.54 | -84.39% |
| 2004 | 35.5 | 329.84% |
| 2003 | 8.26 | 30.59% |
| 2002 | 6.32 | -63.72% |
| 2001 | 17.4 |
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.