P/E ratio for Thermador Groupe (THEP.PA)
P/E ratio at the end of 2023: 12.1
According to Thermador Groupe's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.4447. At the end of 2023 the company had a P/E ratio of 12.1.
P/E ratio history for Thermador Groupe from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 12.1 | -4.14% |
| 2022 | 12.6 | -19.08% |
| 2021 | 15.5 | 13.82% |
| 2020 | 13.7 | 3.23% |
| 2019 | 13.2 | 10.55% |
| 2018 | 12.0 | -27.11% |
| 2017 | 16.4 | -5.22% |
| 2016 | 17.3 | -0.42% |
| 2015 | 17.4 | 36.24% |
| 2014 | 12.8 | 21.33% |
| 2013 | 10.5 | 20.3% |
| 2012 | 8.75 | 104.52% |
| 2011 | 4.28 | -6.54% |
| 2010 | 4.58 | -35.79% |
| 2009 | 7.13 | 34.13% |
| 2008 | 5.31 | -33.66% |
| 2007 | 8.01 | -20.42% |
| 2006 | 10.1 | -13.91% |
| 2005 | 11.7 | 11848.4% |
| 2004 | 0.0978 |
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.