P/E ratio for Latécoère S.A. (LAT.PA)
P/E ratio at the end of 2023: 33.5
According to Latécoère S.A.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.021. At the end of 2023 the company had a P/E ratio of 33.5.
P/E ratio history for Latécoère S.A. from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 33.5 | -2367.51% |
| 2022 | -1.48 | 8.92% |
| 2021 | -1.35 | 182.02% |
| 2020 | -0.4803 | -95.73% |
| 2019 | -11.3 | -124.16% |
| 2018 | 46.6 | -66.51% |
| 2017 | 139 | 79.19% |
| 2016 | 77.6 | -82.42% |
| 2015 | 441 | -47.19% |
| 2014 | 836 | -63639.9% |
| 2013 | -1.32 | -106.23% |
| 2012 | 21.1 | 90.85% |
| 2011 | 11.1 | 527.37% |
| 2010 | 1.76 | -501.82% |
| 2009 | -0.4387 | -91.47% |
| 2008 | -5.15 | -177.65% |
| 2007 | 6.63 | -29.6% |
| 2006 | 9.41 | -28.44% |
| 2005 | 13.2 | 58.35% |
| 2004 | 8.31 | 3.61% |
| 2003 | 8.02 | 37.03% |
| 2002 | 5.85 |
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.