Société Marseillaise du Tunnel Prado-Carénage
ALTPC.PA
#8520
Rank
$0.19 B
Marketcap
$32.94
Share price
1.06%
Change (1 day)
12.42%
Change (1 year)

P/E ratio for Société Marseillaise du Tunnel Prado-Carénage (ALTPC.PA)

P/E ratio at the end of 2024: 17.6

According to Société Marseillaise du Tunnel Prado-Carénage's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.5083. At the end of 2024 the company had a P/E ratio of 17.6.

P/E ratio history for Société Marseillaise du Tunnel Prado-Carénage from 2007 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202417.645.15%
202312.115.59%
202210.5-6.96%
202111.329.7%
20208.6924.32%
20196.9942.55%
20184.90-2.98%
20175.06-35.13%
20167.790.98%
20157.7212.5%
20146.8621.09%
20135.679.59%
20125.172.23%
20115.0613%
20104.4776.12%
20092.54-23.3%
20083.31-32.74%
20074.92

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.