P/E ratio for Société Générale (GLE.PA)
P/E ratio as of April 2024 (TTM): 5.46
According to Société Générale 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.45726. At the end of 2022 the company had a P/E ratio of 12.9.
P/E ratio history for Société Générale from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.9 | 161.77% |
| 2021 | 4.93 | -129.96% |
| 2020 | -16.5 | -262.64% |
| 2019 | 10.1 | 63.75% |
| 2018 | 6.18 | -56.25% |
| 2017 | 14.1 | 33.44% |
| 2016 | 10.6 | 15.3% |
| 2015 | 9.19 | -23.22% |
| 2014 | 12.0 | -42.76% |
| 2013 | 20.9 | -57.28% |
| 2012 | 48.9 | 810.72% |
| 2011 | 5.37 | -32.77% |
| 2010 | 7.99 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BNP Paribas BNP.PA | 8.42 | 54.31% | 🇫🇷 France |
 Crédit Agricole ACA.PA | 7.73 | 41.69% | 🇫🇷 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.