According to F.I.L.A. - Fabbrica Italiana Lapis ed Affini's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.6483. At the end of 2023 the company had a P/E ratio of 2.61.
Year | P/E ratio | Change |
---|---|---|
2023 | 2.61 | -81.23% |
2022 | 13.9 | 7.41% |
2021 | 13.0 | -75.97% |
2020 | 53.9 | 76.55% |
2019 | 30.6 | -54.53% |
2018 | 67.2 | 35.59% |
2017 | 49.6 | 86.13% |
2016 | 26.6 | -220.25% |
2015 | -22.1 | -233.78% |
2014 | 16.6 | 1230.89% |
2013 | 1.24 |
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.