flatexDEGIRO AG
FTK.DE
#3697
Rank
A$4.22 B
Marketcap
$38.40
Share price
1.87%
Change (1 day)
129.42%
Change (1 year)

P/E ratio for flatexDEGIRO AG (FTK.DE)

P/E ratio at the end of 2022: 6.59

According to flatexDEGIRO AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.2236. At the end of 2022 the company had a P/E ratio of 6.59.

P/E ratio history for flatexDEGIRO AG from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20226.59-83.99%
202141.162.04%
202025.4-17.38%
201930.778.37%
201817.2-37.62%
201727.645.89%
201618.9-112.5%
2015-151977.2%
2014-14.1-76.72%
2013-60.4-183.46%
201272.4777.59%
20118.25-31.68%
201012.1

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.