P/E ratio for Catering International & Services (ALCIS.PA)
P/E ratio at the end of 2023: 20.1
According to Catering International & Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.5706. At the end of 2023 the company had a P/E ratio of 20.1.
P/E ratio history for Catering International & Services from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 20.1 | 144.79% |
| 2022 | 8.20 | -57.39% |
| 2021 | 19.3 | -175.41% |
| 2020 | -25.5 | -247.19% |
| 2019 | 17.3 | 32.62% |
| 2018 | 13.1 | -50.12% |
| 2017 | 26.2 | -54.3% |
| 2016 | 57.4 | 162.21% |
| 2015 | 21.9 | 42.42% |
| 2014 | 15.4 | -30.58% |
| 2013 | 22.1 | 39.8% |
| 2012 | 15.8 | 34.74% |
| 2011 | 11.8 | 25.25% |
| 2010 | 9.38 | -13.93% |
| 2009 | 10.9 | 38.61% |
| 2008 | 7.86 | -16.48% |
| 2007 | 9.42 | 35.53% |
| 2006 | 6.95 |
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.