According to Fomento de Construcciones y Contratas 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.04038. At the end of 2020 the company had a P/E ratio of 13.6.
Year | P/E ratio | Change |
---|---|---|
2020 | 13.6 | -14.26% |
2019 | 15.9 | -9.71% |
2018 | 17.6 | -36.41% |
2017 | 27.7 | -256.51% |
2016 | -17.7 | -55.04% |
2015 | -39.3 | 1339.05% |
2014 | -2.73 | 102.47% |
2013 | -1.35 | 29.97% |
2012 | -1.04 | -105.21% |
2011 | 19.9 | 163.67% |
2010 | 7.56 | -37.61% |
2009 | 12.1 |
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.