P/E ratio for Metro AG (B4B.F)
P/E ratio as of April 2024 (TTM): 2.90
According to Metro AG 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.89989. At the end of 2022 the company had a P/E ratio of -455.
P/E ratio history for Metro AG from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -455 | -642.55% |
| 2021 | 83.9 | 1386% |
| 2020 | 5.65 | -92.52% |
| 2019 | 75.5 | 412.96% |
| 2018 | 14.7 | 5.44% |
| 2017 | 14.0 |
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.