P/E ratio for Eutelsat (ETL.PA)
P/E ratio at the end of 2022: 12.2
According to Eutelsat's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.77321. At the end of 2022 the company had a P/E ratio of 12.2.
P/E ratio history for Eutelsat from 2006 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.2 | 21.19% |
| 2021 | 10.1 | 56.99% |
| 2020 | 6.41 | -44.22% |
| 2019 | 11.5 | -16.73% |
| 2018 | 13.8 | -7.23% |
| 2017 | 14.9 | 28.43% |
| 2016 | 11.6 | -39.37% |
| 2015 | 19.1 | 24.51% |
| 2014 | 15.3 | 29.82% |
| 2013 | 11.8 | -19.65% |
| 2012 | 14.7 | -6.14% |
| 2011 | 15.7 | -23.62% |
| 2010 | 20.5 | 57.72% |
| 2009 | 13.0 | -20.51% |
| 2008 | 16.4 | -20.67% |
| 2007 | 20.6 | -73.27% |
| 2006 | 77.2 |
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.