Eleco
ELCO.L
#8662
Rank
$0.13 B
Marketcap
$159.06
Share price
-0.04%
Change (1 day)
13,045.12%
Change (1 year)

P/E ratio for Eleco (ELCO.L)

P/E ratio at the end of 2023: 26.5

According to Eleco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 386882. At the end of 2023 the company had a P/E ratio of 26.5.

P/E ratio history for Eleco from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202326.51.76%
202226.0-5.47%
202127.537.24%
202020.0-17.57%
201924.3-22.19%
201831.288.75%
201716.6-13.08%
201619.023.31%
201515.4812.89%
20141.69-241.23%
2013-1.20-13.7%
2012-1.39-23.56%
2011-1.82-11.69%
2010-2.06-84.11%
2009-12.9-363.16%
20084.92-29.49%
20076.970.14%
20066.9621.99%
20055.71-84.39%
200436.6329.84%
20038.5130.59%
20026.52-63.72%
200118.0

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.