Econocom Group
ECONB.BR
#7343
Rank
A$0.55 B
Marketcap
$3.22
Share price
1.58%
Change (1 day)
-22.59%
Change (1 year)

P/E ratio for Econocom Group (ECONB.BR)

P/E ratio at the end of 2023: 6.64

According to Econocom Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.19225. At the end of 2023 the company had a P/E ratio of 6.64.

P/E ratio history for Econocom Group from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20236.64-10.15%
20227.39-17.66%
20218.98-1.05%
20209.07-11.86%
201910.3-31.97%
201815.112.82%
201713.4-69.62%
201644.1195.99%
201514.9-20.65%
201418.844.02%
201313.044.05%
20129.06-35.07%
201114.0129.13%
20106.09-27.84%
20098.4443.48%
20085.88-22.25%
20077.56-46.7%
200614.222.36%
200511.631.34%
20048.83-153.37%
2003-16.5-254.35%
200210.79.15%
20019.82

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.