According to Olav Thon's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -125.878. At the end of 2022 the company had a P/E ratio of 7.18.
Year | P/E ratio | Change |
---|---|---|
2022 | 7.18 | 32.2% |
2021 | 5.43 | -88.04% |
2020 | 45.4 | 382.36% |
2019 | 9.42 | 56.26% |
2018 | 6.03 | 18.3% |
2017 | 5.09 | 5.06% |
2016 | 4.85 | 21.64% |
2015 | 3.99 | -62.98% |
2014 | 10.8 | 60.82% |
2013 | 6.69 | -21.42% |
2012 | 8.52 | -27.19% |
2011 | 11.7 | 42.18% |
2010 | 8.23 | -44.18% |
2009 | 14.7 |
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.