According to Motor Oil (Hellas) Corinth Refineries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.67847. At the end of 2022 the company had a P/E ratio of 2.47.
Year | P/E ratio | Change |
---|---|---|
2022 | 2.47 | -67.07% |
2021 | 7.51 | -162.4% |
2020 | -12.0 | -218.54% |
2019 | 10.2 | 11.73% |
2018 | 9.09 | 38.45% |
2017 | 6.57 | 35.34% |
2016 | 4.85 | -9.79% |
2015 | 5.38 | -162.06% |
2014 | -8.67 | -95.52% |
2013 | -194 | -1748.55% |
2012 | 11.7 | 155.96% |
2011 | 4.59 | -8.83% |
2010 | 5.03 | -54.11% |
2009 | 11.0 |
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.