P/E ratio for Itaúsa (ITSA3.SA)
P/E ratio as of April 2024 (TTM): 7.50
According to Itaúsa's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.49577. At the end of 2022 the company had a P/E ratio of 6.34.
P/E ratio history for Itaúsa from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.34 | -16.9% |
| 2021 | 7.63 | -48.34% |
| 2020 | 14.8 | 28.36% |
| 2019 | 11.5 | -2.86% |
| 2018 | 11.8 | 23.01% |
| 2017 | 9.63 | 33.4% |
| 2016 | 7.22 | 35.4% |
| 2015 | 5.33 | -29.11% |
| 2014 | 7.52 | -41.23% |
| 2013 | 12.8 | -31.57% |
| 2012 | 18.7 | -41.64% |
| 2011 | 32.1 | 122.94% |
| 2010 | 14.4 | 19.47% |
| 2009 | 12.0 |
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.