P/E ratio for Société Industrielle et Financière de l'Artois (ARTO.PA)
P/E ratio at the end of 2022: 60.6
According to Société Industrielle et Financière de l'Artois's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 60.6.
P/E ratio history for Société Industrielle et Financière de l'Artois from 2007 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 60.6 | -28.7% |
| 2021 | 85.1 | 245.9% |
| 2020 | 24.6 | -73.96% |
| 2019 | 94.4 | -5.72% |
| 2018 | 100 | 918.88% |
| 2017 | 9.83 | -91.61% |
| 2016 | 117 | 2727.62% |
| 2015 | 4.14 | -96.17% |
| 2014 | 108 | 3.13% |
| 2013 | 105 | 921.06% |
| 2012 | 10.3 | -79.51% |
| 2011 | 50.1 | 91.19% |
| 2010 | 26.2 | -9.07% |
| 2009 | 28.8 | -222.61% |
| 2008 | -23.5 | -334.87% |
| 2007 | 10.0 |
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.