P/E ratio for TotalEnergies (TTE)
P/E ratio as of March 2023 (TTM): 7.24
According to TotalEnergies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.24051. 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 |
|---|---|---|
| 2021 | 8.31 | -157.72% |
| 2020 | -14.4 | -209.64% |
| 2019 | 13.1 | 7.24% |
| 2018 | 12.2 | -25.55% |
| 2017 | 16.5 | -18.66% |
| 2016 | 20.2 | -1.91% |
| 2015 | 20.6 | -24.69% |
| 2014 | 27.4 | 121.41% |
| 2013 | 12.4 | 46.99% |
| 2012 | 8.41 | 24.36% |
| 2011 | 6.76 | |
| 2009 | 12.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Shell SHEL | 4.85 | -33.05% | 🇬🇧 UK |
 BP BP | -70.3 | -1,071.31% | 🇬🇧 UK |
 Chevron CVX | 8.93 | 23.36% | 🇺🇸 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.