P/E ratio for UnipolSai Assicurazioni (US.MI)
P/E ratio as of May 2024 (TTM): 14.5
According to UnipolSai Assicurazioni's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.5365. At the end of 2015 the company had a P/E ratio of 9.32.
P/E ratio history for UnipolSai Assicurazioni from 2011 to 2016
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2015 | 9.32 | 8.89% |
| 2014 | 8.56 | -28.36% |
| 2013 | 11.9 | -711.63% |
| 2012 | -1.95 |
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.