P/E ratio for Micropole (ALMIC.PA)
P/E ratio at the end of 2023: 169
According to Micropole's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 512.894. At the end of 2023 the company had a P/E ratio of 169.
P/E ratio history for Micropole from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 169 | 1449.25% |
| 2022 | 10.9 | -6.61% |
| 2021 | 11.7 | -105.35% |
| 2020 | -218 | -1680.7% |
| 2019 | 13.8 | -36.69% |
| 2018 | 21.8 | -236.79% |
| 2017 | -16.0 | -67.61% |
| 2016 | -49.3 | -27.33% |
| 2015 | -67.8 | 4525.85% |
| 2014 | -1.47 | -113.5% |
| 2013 | 10.9 | |
| 2011 | 6.38 | 28.26% |
| 2010 | 4.97 | -8.44% |
| 2009 | 5.43 |
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.