P/E ratio for Salvatore Ferragamo (SFER.MI)
P/E ratio as of May 2024 (TTM): 23.0
According to Salvatore Ferragamo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.9741. At the end of 2021 the company had a P/E ratio of 48.2.
P/E ratio history for Salvatore Ferragamo from 2011 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 48.2 | -219.85% |
| 2020 | -40.3 | -210.99% |
| 2019 | 36.3 | 7.68% |
| 2018 | 33.7 | 6.9% |
| 2017 | 31.5 | 68.14% |
| 2016 | 18.7 | -11.78% |
| 2015 | 21.2 | -3.22% |
| 2014 | 21.9 | -29.12% |
| 2013 | 31.0 | 26.21% |
| 2012 | 24.5 | 15.62% |
| 2011 | 21.2 |
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.