P/E ratio for Alstom (ALO.PA)
P/E ratio at the end of 2022: -14.0
According to Alstom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -82.3209. At the end of 2022 the company had a P/E ratio of -14.0.
P/E ratio history for Alstom from 2006 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -14.0 | -130.78% |
| 2021 | 45.4 | 173.32% |
| 2020 | 16.6 | 39.17% |
| 2019 | 11.9 | -41.94% |
| 2018 | 20.6 | 5.73% |
| 2017 | 19.5 | 832.56% |
| 2016 | 2.09 | -117.86% |
| 2015 | -11.7 | -205.85% |
| 2014 | 11.0 | -3.91% |
| 2013 | 11.5 | 5.44% |
| 2012 | 10.9 | -56.41% |
| 2011 | 25.0 | 142.82% |
| 2010 | 10.3 | 14.04% |
| 2009 | 9.03 | -58.14% |
| 2008 | 21.6 | -7.12% |
| 2007 | 23.2 | -54.05% |
| 2006 | 50.5 |
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.