P/E ratio for Enapter AG (H2O.DE)
P/E ratio at the end of 2023: -34.7
According to Enapter AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -11.7002. At the end of 2023 the company had a P/E ratio of -34.7.
P/E ratio history for Enapter AG from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -34.7 | 33.3% |
| 2022 | -26.0 | -51.99% |
| 2021 | -54.3 | 207.71% |
| 2020 | -17.6 | |
| 2018 | -0.1207 | -53.29% |
| 2017 | -0.2583 | |
| 2008 | -0.0300 | 34.1% |
| 2007 | -0.0224 |
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.