According to Eurobank Ergasias Services and Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.01834. At the end of 2022 the company had a P/E ratio of 3.01.
Year | P/E ratio | Change |
---|---|---|
2022 | 3.01 | -69.57% |
2021 | 9.90 | -664.89% |
2020 | -1.75 | -108.21% |
2019 | 21.4 | 139.13% |
2018 | 8.93 | -47.06% |
2017 | 16.9 | 189.92% |
2016 | 5.82 | -4023% |
2015 | -0.1483 | -90.74% |
2014 | -1.60 | -1945.02% |
2013 | 0.0868 | -130.59% |
2012 | -0.2839 | 664.82% |
2011 | -0.0371 | -100.14% |
2010 | 26.6 | 59.92% |
2009 | 16.6 |
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.