TotalEnergies
TTE
#78
Rank
$168.10 B
Marketcap
$72.44
Share price
-1.02%
Change (1 day)
19.81%
Change (1 year)

P/E ratio for TotalEnergies (TTE)

P/E ratio as of May 2024 (TTM): 9.18

According to TotalEnergies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.18124. At the end of 2022 the company had a P/E ratio of 7.86.

P/E ratio history for TotalEnergies from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.86-5.47%
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%
201427.4121.2%
201312.446.53%
20128.4534.68%
20116.27-28.69%
20108.80-26.94%
200912.057.15%
20087.66-23.21%
20079.98-7.3%
200610.87.78%
20059.9813.14%
20048.83-34.89%
200313.6-13.73%
200215.730%
200112.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.42-8.27%๐Ÿ‡ฌ๐Ÿ‡ง UK
4.32-52.97%๐Ÿ‡ฌ๐Ÿ‡ง UK
11.9 29.81%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.