According to Renta 4 Banco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.4674. At the end of 2023 the company had a P/E ratio of 15.9.
Year | P/E ratio | Change |
---|---|---|
2023 | 15.9 | -13.81% |
2022 | 18.5 | 13.51% |
2021 | 16.3 | 5.02% |
2020 | 15.5 | -1.09% |
2019 | 15.7 | -19.99% |
2018 | 19.6 | 18.35% |
2017 | 16.6 | -15.36% |
2016 | 19.6 | 17.07% |
2015 | 16.7 | -1.33% |
2014 | 16.9 | -5.14% |
2013 | 17.9 | -51.64% |
2012 | 36.9 | -3.41% |
2011 | 38.2 | 24.82% |
2010 | 30.6 | -6.67% |
2009 | 32.8 | -12.83% |
2008 | 37.6 | 118.08% |
2007 | 17.3 |
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.