P/E ratio for Poste Italiane (PST.MI)
P/E ratio as of December 2023 (TTM): 7.85
According to Poste Italiane 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.85361. At the end of 2022 the company had a P/E ratio of 7.77.
P/E ratio history for Poste Italiane from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.77 | -18.29% |
| 2021 | 9.51 | 5.88% |
| 2020 | 8.98 | -8.38% |
| 2019 | 9.81 | 50.68% |
| 2018 | 6.51 | -45.14% |
| 2017 | 11.9 | 42.23% |
| 2016 | 8.34 | -22.34% |
| 2015 | 10.7 |
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.