P/E ratio for Elecnor (ENO.MC)
P/E ratio as of April 2025 (TTM): 16.4
According to Elecnor's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.4477. At the end of 2023 the company had a P/E ratio of 15.0.
P/E ratio history for Elecnor from 2015 to 2020
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 15.0 | 71.67% |
| 2022 | 8.76 | -15.73% |
| 2021 | 10.4 | -9.77% |
| 2020 | 11.5 | 59.7% |
| 2019 | 7.21 | -43.74% |
| 2018 | 12.8 | -18.94% |
| 2017 | 15.8 | 42.71% |
| 2016 | 11.1 | 7.29% |
| 2015 | 10.3 | -16.8% |
| 2014 | 12.4 | -30.26% |
| 2013 | 17.8 | 93.34% |
| 2012 | 9.21 | 25.53% |
| 2011 | 7.34 | 8.09% |
| 2010 | 6.79 | -32.65% |
| 2009 | 10.1 | 53.54% |
| 2008 | 6.56 | -44.41% |
| 2007 | 11.8 | -43.83% |
| 2006 | 21.0 | 16718.9% |
| 2005 | 0.1250 | -95.01% |
| 2004 | 2.50 |
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.