P/E ratio for Element Fleet Management (EFN.TO)
P/E ratio as of July 2025 (TTM): 26.7
According to Element Fleet Management 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.6758. At the end of 2023 the company had a P/E ratio of 18.7.
P/E ratio history for Element Fleet Management from 2012 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 18.7 | -1.6% |
| 2022 | 19.1 | 20.24% |
| 2021 | 15.8 | -27.28% |
| 2020 | 21.8 | -75.07% |
| 2019 | 87.4 | -882.43% |
| 2018 | -11.2 | -137.12% |
| 2017 | 30.1 | 141.05% |
| 2016 | 12.5 | -65.65% |
| 2015 | 36.3 | -51.06% |
| 2014 | 74.2 | -106.84% |
| 2013 | < -1000 | 1570.52% |
| 2012 | -64.9 |
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.