P/E ratio for Trigano (TRI.PA)
P/E ratio at the end of 2022: 6.04
According to Trigano's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.5956. At the end of 2022 the company had a P/E ratio of 6.04.
P/E ratio history for Trigano from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.04 | -54.15% |
| 2021 | 13.2 | 6.26% |
| 2020 | 12.4 | 35.55% |
| 2019 | 9.15 | -17.58% |
| 2018 | 11.1 | -18.91% |
| 2017 | 13.7 | 38.35% |
| 2016 | 9.90 | -4.71% |
| 2015 | 10.4 | -24.11% |
| 2014 | 13.7 | 144.19% |
| 2013 | 5.60 | -47.48% |
| 2012 | 10.7 | 39.06% |
| 2011 | 7.67 | -54.57% |
| 2010 | 16.9 | -261.26% |
| 2009 | -10.5 | -216.48% |
| 2008 | 8.99 | -46.95% |
| 2007 | 16.9 | 11.06% |
| 2006 | 15.3 | -42.22% |
| 2005 | 26.4 | 30758.93% |
| 2004 | 0.0856 |
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.