P/E ratio for Técnicas Reunidas (TRE.MC)
P/E ratio as of April 2024 (TTM): 8.19
According to Técnicas Reunidas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.19108. At the end of 2022 the company had a P/E ratio of -14.4.
P/E ratio history for Técnicas Reunidas from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -14.4 | 572.4% |
| 2021 | -2.14 | -103.72% |
| 2020 | 57.4 | -137.97% |
| 2019 | -151 | -244.7% |
| 2018 | 104 | 166.03% |
| 2017 | 39.3 | 121.45% |
| 2016 | 17.7 | -48.53% |
| 2015 | 34.4 | 119.43% |
| 2014 | 15.7 | -13.47% |
| 2013 | 18.1 | 14.19% |
| 2012 | 15.9 | 24.24% |
| 2011 | 12.8 | -52.94% |
| 2010 | 27.2 |
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.