According to Kering 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.8257. At the end of 2021 the company had a P/E ratio of 26.6.
Year | P/E ratio | Change |
---|---|---|
2021 | 26.6 | -11.78% |
2020 | 30.2 | -2.29% |
2019 | 30.9 | 138.23% |
2018 | 13.0 | -44.4% |
2017 | 23.3 | -26.34% |
2016 | 31.7 | 17.99% |
2015 | 26.8 | -14.11% |
2014 | 31.2 | -89.17% |
2013 | 288 | 2103.75% |
2012 | 13.1 | 18.76% |
2011 | 11.0 | -7.71% |
2010 | 11.9 | 58.08% |
2009 | 7.55 | 64.21% |
2008 | 4.60 | -56.17% |
2007 | 10.5 | -31.52% |
2006 | 15.3 | -15.14% |
2005 | 18.1 | 155.08% |
2004 | 7.08 | -38.47% |
2003 | 11.5 | 133.66% |
2002 | 4.93 |
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.