P/E ratio for Trelleborg AB (TREL-B.ST)
P/E ratio as of May 2024 (TTM): 9.29
According to Trelleborg AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.29155. At the end of 2022 the company had a P/E ratio of 12.1.
P/E ratio history for Trelleborg AB from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.1 | -30.33% |
| 2021 | 17.3 | -5.03% |
| 2020 | 18.3 | -107.9% |
| 2019 | -231 | -2082.19% |
| 2018 | 11.6 | -35.01% |
| 2017 | 17.9 | 142.93% |
| 2016 | 7.38 | -56.78% |
| 2015 | 17.1 | 6.45% |
| 2014 | 16.0 | -23.76% |
| 2013 | 21.0 | 89.19% |
| 2012 | 11.1 | 24.68% |
| 2011 | 8.92 | -46.07% |
| 2010 | 16.5 | -49.24% |
| 2009 | 32.6 |
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.