Credito Emiliano
CE.MI
#3264
Rank
โ‚ฌ3.52 B
Marketcap
10,26ย โ‚ฌ
Share price
-0.39%
Change (1 day)
27.16%
Change (1 year)

P/E ratio for Credito Emiliano (CE.MI)

P/E ratio as of November 2024 (TTM): 7.39

According to Credito Emiliano's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.38673. At the end of 2022 the company had a P/E ratio of 7.12.

P/E ratio history for Credito Emiliano from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.1229.36%
20215.50-23.92%
20207.23-15.3%
20198.54-4.69%
20188.96-28.64%
201712.6-12.37%
201614.34.79%
201513.70.56%
201413.6-18.2%
201316.641.8%
201211.723.92%
20119.46-52.06%
201019.7

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.