P/E ratio for Italmobiliare (ITM.MI)
P/E ratio as of May 2024 (TTM): -38.4
According to Italmobiliare's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -38.4097. At the end of 2014 the company had a P/E ratio of -11.5.
P/E ratio history for Italmobiliare from 2010 to 2015
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2014 | -11.5 | 215.12% |
| 2013 | -3.64 | 156.63% |
| 2012 | -1.42 | -49.23% |
| 2011 | -2.79 | -105.49% |
| 2010 | 50.8 |
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.