P/E ratio for Thales (HO.PA)
P/E ratio at the end of 2022: 21.1
According to Thales's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.9941. At the end of 2022 the company had a P/E ratio of 21.1.
P/E ratio history for Thales from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.1 | 62.15% |
| 2021 | 13.0 | -51.94% |
| 2020 | 27.0 | 72.36% |
| 2019 | 15.7 | -18.53% |
| 2018 | 19.2 | -17.5% |
| 2017 | 23.3 | 19.66% |
| 2016 | 19.5 | 13.19% |
| 2015 | 17.2 | 64.33% |
| 2014 | 10.5 | -11.01% |
| 2013 | 11.8 | 74.53% |
| 2012 | 6.75 | -6.82% |
| 2011 | 7.24 | -119.93% |
| 2010 | -36.3 | 51% |
| 2009 | -24.1 | -425.29% |
| 2008 | 7.40 | 22.14% |
| 2007 | 6.06 | -51.25% |
| 2006 | 12.4 | -23.7% |
| 2005 | 16.3 | 25.39% |
| 2004 | 13.0 | -57.63% |
| 2003 | 30.7 | -6.92% |
| 2002 | 32.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Kratos Defense & Security Solutions KTOS | -89.2 | -397.39% | 🇺🇸 USA |
 Thales HO.PA | 30.0 | 0.00% | 🇫🇷 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.