P/E ratio for Société Générale (GLE.PA)
P/E ratio as of May 2023 (TTM): 4.27
According to Société Générale 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.26679. At the end of 2021 the company had a P/E ratio of 5.07.
P/E ratio history for Société Générale from 2011 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 5.07 | -130.42% |
| 2020 | -16.6 | -263.94% |
| 2019 | 10.2 | 57.01% |
| 2018 | 6.47 | -56.13% |
| 2017 | 14.7 | 34.36% |
| 2016 | 11.0 | 15.15% |
| 2015 | 9.53 | -20.08% |
| 2014 | 11.9 | -32.03% |
| 2013 | 17.5 | -62.39% |
| 2012 | 46.6 | 767.48% |
| 2011 | 5.38 | -34.74% |
| 2010 | 8.24 | -92.45% |
| 2009 | 109 | 924.43% |
| 2008 | 10.7 | -78.43% |
| 2007 | 49.4 | 373.39% |
| 2006 | 10.4 | 7.41% |
| 2005 | 9.71 | 4.08% |
| 2004 | 9.33 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BNP Paribas BNP.PA | 7.09 | 66.24% | 🇫🇷 France |
 Crédit Agricole ACA.PA | 9.02 | 111.43% | 🇫🇷 France |
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.