P/E ratio for TOTVS (TOTS3.SA)
P/E ratio as of April 2024 (TTM): 35.4
According to TOTVS's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.422. At the end of 2022 the company had a P/E ratio of 33.6.
P/E ratio history for TOTVS from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 33.6 | -25.39% |
| 2021 | 45.1 | -18.72% |
| 2020 | 55.5 | 200.13% |
| 2019 | 18.5 | -77% |
| 2018 | 80.3 | 52.91% |
| 2017 | 52.5 | 104.25% |
| 2016 | 25.7 | -0.76% |
| 2015 | 25.9 | 19.08% |
| 2014 | 21.8 | -19.51% |
| 2013 | 27.0 | -12.44% |
| 2012 | 30.9 | -0.88% |
| 2011 | 31.2 | -18.89% |
| 2010 | 38.4 | 31.44% |
| 2009 | 29.2 |
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.