P/E ratio for Emeco Holdings (EHL.AX)
P/E ratio at the end of 2024: 10.8
According to Emeco Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.70274. At the end of 2024 the company had a P/E ratio of 10.8.
P/E ratio history for Emeco Holdings from 2007 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 10.8 | -13.72% |
| 2023 | 12.5 | 54.29% |
| 2022 | 8.09 | -76.62% |
| 2021 | 34.6 | 397.92% |
| 2020 | 6.95 | -72.39% |
| 2019 | 25.2 | -78.64% |
| 2018 | 118 | -16189.03% |
| 2017 | -0.7322 | 550.21% |
| 2016 | -0.1126 | -72.52% |
| 2015 | -0.4098 | -10.07% |
| 2014 | -0.4557 | -101.59% |
| 2013 | 28.7 | 284.4% |
| 2012 | 7.46 | -41.25% |
| 2011 | 12.7 | -241.26% |
| 2010 | -8.99 | -138.53% |
| 2009 | 23.3 | 119.42% |
| 2008 | 10.6 | -49.1% |
| 2007 | 20.9 |
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.