TotalEnergies
TTE
#70
Rank
$154.34 B
Marketcap
$61.70
Share price
-1.15%
Change (1 day)
33.03%
Change (1 year)

P/E ratio for TotalEnergies (TTE)

P/E ratio as of December 2022 (TTM): 7.00

According to TotalEnergies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.99546. At the end of 2021 the company had a P/E ratio of 8.31.

P/E ratio history for TotalEnergies from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20218.31-157.72%
2020-14.4-209.64%
201913.17.24%
201812.2-25.55%
201716.5-18.66%
201620.2-1.91%
201520.6-24.69%
201427.4121.41%
201312.446.99%
20128.4124.36%
20116.76
200912.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.02-28.22%๐Ÿ‡ฌ๐Ÿ‡ง UK
-10.6-250.84%๐Ÿ‡ฌ๐Ÿ‡ง UK
10.3 47.80%๐Ÿ‡บ๐Ÿ‡ธ USA

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.