P/E ratio for The Foschini Group (TFG.JO)
P/E ratio at the end of 2022: 12.4
According to The Foschini Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.91632. At the end of 2022 the company had a P/E ratio of 12.4.
P/E ratio history for The Foschini Group from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.4 | -177.76% |
| 2021 | -15.9 | -370.15% |
| 2020 | 5.90 | -47.26% |
| 2019 | 11.2 | -14.45% |
| 2018 | 13.1 | 23.69% |
| 2017 | 10.6 | -0.2% |
| 2016 | 10.6 | -16.19% |
| 2015 | 12.6 | 92.35% |
| 2014 | 6.57 | 2.32% |
| 2013 | 6.42 | -0.63% |
| 2012 | 6.46 | 32.69% |
| 2011 | 4.87 | -1.98% |
| 2010 | 4.97 | 28.44% |
| 2009 | 3.87 | 25.79% |
| 2008 | 3.07 | -37.86% |
| 2007 | 4.95 | 19.28% |
| 2006 | 4.15 | 30.02% |
| 2005 | 3.19 | 12.79% |
| 2004 | 2.83 |
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.