According to Itaรบsa's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.85462. At the end of 2022 the company had a P/E ratio of 6.01.
Year | P/E ratio | Change |
---|---|---|
2022 | 6.01 | -16.9% |
2021 | 7.24 | -48.34% |
2020 | 14.0 | 28.36% |
2019 | 10.9 | -2.86% |
2018 | 11.2 | 23.01% |
2017 | 9.13 | 33.4% |
2016 | 6.85 | 35.4% |
2015 | 5.06 | -29.11% |
2014 | 7.13 | -41.23% |
2013 | 12.1 | -31.57% |
2012 | 17.7 | -41.64% |
2011 | 30.4 | 122.94% |
2010 | 13.6 | 19.47% |
2009 | 11.4 |
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.