P/E ratio for Itaúsa (ITSA3.SA)
P/E ratio as of October 2023 (TTM): 7.34
According to Itaúsa's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.33543. At the end of 2021 the company had a P/E ratio of 7.40.
P/E ratio history for Itaúsa from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 7.40 | -56.43% |
| 2020 | 17.0 | 35.21% |
| 2019 | 12.6 | -5.92% |
| 2018 | 13.4 | 30.42% |
| 2017 | 10.2 | 28.69% |
| 2016 | 7.96 | 34.81% |
| 2015 | 5.90 | -28.08% |
| 2014 | 8.21 | -38.31% |
| 2013 | 13.3 | -20.49% |
| 2012 | 16.7 | 16.21% |
| 2011 | 14.4 | -8.69% |
| 2010 | 15.8 | -2.25% |
| 2009 | 16.1 | -10.03% |
| 2008 | 17.9 | 15.13% |
| 2007 | 15.6 | 53.57% |
| 2006 | 10.1 | -11.71% |
| 2005 | 11.5 | 26.98% |
| 2004 | 9.05 | 12.58% |
| 2003 | 8.03 | 8.02% |
| 2002 | 7.44 |
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.