P/E ratio for Immobel (IMMO.BR)
P/E ratio at the end of 2021: 7.41
According to Immobel's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.68717. At the end of 2021 the company had a P/E ratio of 7.41.
P/E ratio history for Immobel from 2002 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 7.41 | -54.88% |
| 2020 | 16.4 | 203.74% |
| 2019 | 5.41 | -25.11% |
| 2018 | 7.22 | -81.3% |
| 2017 | 38.6 | 334.41% |
| 2016 | 8.89 | -95.97% |
| 2015 | 220 | 2793.53% |
| 2014 | 7.61 | -89.98% |
| 2013 | 76.0 | 844% |
| 2012 | 8.05 | 56.99% |
| 2011 | 5.13 | -47.17% |
| 2010 | 9.71 | 103.46% |
| 2009 | 4.77 | -29.26% |
| 2008 | 6.75 | 165.65% |
| 2007 | 2.54 | -64.93% |
| 2006 | 7.24 | -12.15% |
| 2005 | 8.24 | -96.26% |
| 2004 | 221 | 638.28% |
| 2003 | 29.9 | -309.02% |
| 2002 | -14.3 |
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.