P/E ratio for Mediaset España Comunicación (TL5.MC)
P/E ratio as of April 2024 (TTM): 5.06
According to Mediaset España Comunicación's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.06076. At the end of 2021 the company had a P/E ratio of 6.85.
P/E ratio history for Mediaset España Comunicación from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 6.85 | -9.32% |
| 2020 | 7.55 | -11.94% |
| 2019 | 8.58 | -6.36% |
| 2018 | 9.16 | -42.25% |
| 2017 | 15.9 | -26.02% |
| 2016 | 21.4 | 2.56% |
| 2015 | 20.9 | -69.96% |
| 2014 | 69.6 | -91.69% |
| 2013 | 838 | 1916.29% |
| 2012 | 41.6 | 163.88% |
| 2011 | 15.8 | -67.47% |
| 2010 | 48.4 | 5.22% |
| 2009 | 46.0 | 430.19% |
| 2008 | 8.68 | -28.71% |
| 2007 | 12.2 | -27.79% |
| 2006 | 16.9 | 9231.17% |
| 2005 | 0.1807 | -2.4% |
| 2004 | 0.1851 |
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.