P/E ratio for Groupe Pizzorno Environnement (GPE.PA)
P/E ratio at the end of 2023: 14.5
According to Groupe Pizzorno Environnement's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.2444. At the end of 2023 the company had a P/E ratio of 14.5.
P/E ratio history for Groupe Pizzorno Environnement from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 14.5 | 67.84% |
| 2022 | 8.64 | -28.36% |
| 2021 | 12.1 | -218.6% |
| 2020 | -10.2 | -134.32% |
| 2019 | 29.6 | -121.17% |
| 2018 | -140 | -1136.22% |
| 2017 | 13.5 | 60.6% |
| 2016 | 8.41 | -28.53% |
| 2015 | 11.8 | -213.01% |
| 2014 | -10.4 | -188.83% |
| 2013 | 11.7 | 15.79% |
| 2012 | 10.1 | -46.99% |
| 2011 | 19.1 | 153.22% |
| 2010 | 7.54 | -41.13% |
| 2009 | 12.8 | -56.29% |
| 2008 | 29.3 | 59.56% |
| 2007 | 18.4 |
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.