ร‰lectricite de Strasbourg
ELEC.PA
#4889
Rank
NZ$3.08 B
Marketcap
NZ$430.09
Share price
0.93%
Change (1 day)
96.04%
Change (1 year)

P/E ratio for ร‰lectricite de Strasbourg (ELEC.PA)

P/E ratio at the end of 2024: 4.98

According to ร‰lectricite de Strasbourg's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.883. At the end of 2024 the company had a P/E ratio of 4.98.

P/E ratio history for ร‰lectricite de Strasbourg from 2009 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20244.98-16.19%
20235.94-41.43%
202210.16.28%
20219.54-34.99%
202014.743.86%
201910.228.02%
20187.974.77%
20177.6125.89%
20166.04-14.36%
20157.0625.27%
20145.6344.57%
20133.90-7.42%
20124.21-2.5%
20114.32-6.52%
20104.6212.4%
20094.11

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.