Eleco
ELCO.L
#8624
Rank
S$0.19 B
Marketcap
$2.42
Share price
2.47%
Change (1 day)
64.12%
Change (1 year)

P/E ratio for Eleco (ELCO.L)

P/E ratio at the end of 2023: 24.2

According to Eleco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4373.19. At the end of 2023 the company had a P/E ratio of 24.2.

P/E ratio history for Eleco from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202324.21.76%
202223.8-5.47%
202125.237.24%
202018.4-17.57%
201922.3-22.19%
201828.688.75%
201715.2-13.08%
201617.423.31%
201514.1812.89%
20141.55-241.23%
2013-1.10-13.7%
2012-1.27-23.56%
2011-1.66-11.69%
2010-1.88-84.11%
2009-11.8-363.16%
20084.50-29.49%
20076.390.14%
20066.3821.99%
20055.23-84.39%
200433.5329.84%
20037.7930.59%
20025.97-63.72%
200116.5

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.