EssilorLuxottica
EL.PA
#123
Rank
โ‚ฌ114.61 B
Marketcap
251,90ย โ‚ฌ
Share price
-0.55%
Change (1 day)
27.64%
Change (1 year)

P/E ratio for EssilorLuxottica (EL.PA)

P/E ratio at the end of 2022: 36.1

According to EssilorLuxottica's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 54.7243. At the end of 2022 the company had a P/E ratio of 36.1.

P/E ratio history for EssilorLuxottica from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202236.1-35.39%
202155.9-90.89%
20206141035.47%
201954.0108.75%
201825.914.66%
201722.6-24.6%
201630.0-9.65%
201533.276.01%
201418.8-14.33%
201322.0-5.36%
201223.220.99%
201119.22.49%
201018.79.62%
200917.117.57%
200814.5-21.11%
200718.4-13.42%
200621.3-6.56%
200522.819.48%
200419.13.9%
200318.4-17.83%
200222.3-8.26%
200124.3

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.