P/E ratio for Itera ASA (ITERA.OL)
P/E ratio as of April 2025 (TTM): 20.5
According to Itera ASA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.4616. At the end of 2023 the company had a P/E ratio of 17.2.
P/E ratio history for Itera ASA from 2010 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 17.2 | -17.84% |
| 2022 | 21.0 | -24.43% |
| 2021 | 27.7 | 10.91% |
| 2020 | 25.0 | 10.87% |
| 2019 | 22.5 | 4.69% |
| 2018 | 21.5 | 8.6% |
| 2017 | 19.8 | 18.24% |
| 2016 | 16.8 | -23.32% |
| 2015 | 21.9 | -143.75% |
| 2014 | -50.0 | -441.73% |
| 2013 | 14.6 | -59.91% |
| 2012 | 36.5 | -84.79% |
| 2011 | 240 | 1042.86% |
| 2010 | 21.0 | 11.7% |
| 2009 | 18.8 | 283.67% |
| 2008 | 4.90 | -62.04% |
| 2007 | 12.9 | 10.63% |
| 2006 | 11.7 | -5.07% |
| 2005 | 12.3 | 12.19% |
| 2004 | 11.0 | -160.25% |
| 2003 | -18.2 | 881.5% |
| 2002 | -1.85 | 91.88% |
| 2001 | -0.9654 |
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.