Forbo Holding
FORN.SW
#4946
Rank
A$2.13 B
Marketcap
$1,515
Share price
-1.52%
Change (1 day)
-22.05%
Change (1 year)

P/E ratio for Forbo Holding (FORN.SW)

P/E ratio at the end of 2021: 21.2

According to Forbo Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.49643. At the end of 2021 the company had a P/E ratio of 21.2.

P/E ratio history for Forbo Holding from 2002 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202121.2-7.2%
202022.98.67%
201921.012.14%
201818.8-74.84%
201774.6265.83%
201620.4-4.67%
201521.418.6%
201418.033.09%
201313.6114.9%
20126.31-24.79%
20118.38-4.28%
20108.76-26.31%
200911.9-64.77%
200833.763.27%
200720.7-27.53%
200628.5-141.82%
2005-68.22157.79%
2004-3.02-104.78%
200363.2217.82%
200219.9

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.