P/E ratio for Stora Enso (STEAV.HE)
P/E ratio as of April 2024 (TTM): 19.1
According to Stora Enso 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.0952. At the end of 2022 the company had a P/E ratio of 7.06.
P/E ratio history for Stora Enso from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.06 | -31.99% |
| 2021 | 10.4 | -49.1% |
| 2020 | 20.4 | 68.49% |
| 2019 | 12.1 | 39.51% |
| 2018 | 8.67 | -48.1% |
| 2017 | 16.7 | -5.21% |
| 2016 | 17.6 | 114.04% |
| 2015 | 8.24 | -85.55% |
| 2014 | 57.0 | -154.57% |
| 2013 | -104 | -1217.57% |
| 2012 | 9.34 | -20.04% |
| 2011 | 11.7 | |
| 2009 | -5.22 | -21.14% |
| 2008 | -6.62 | -82.43% |
| 2007 | -37.7 | -323.76% |
| 2006 | 16.8 | -120.59% |
| 2005 | -81.8 |
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.