Eurofins-Cerep
ALECR.PA
#8717
Rank
$0.10 B
Marketcap
$20,884
Share price
0.00%
Change (1 day)
-23.41%
Change (1 year)
Categories

P/E ratio for Eurofins-Cerep (ALECR.PA)

P/E ratio at the end of 2023: 14.9

According to Eurofins-Cerep's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.4744. At the end of 2023 the company had a P/E ratio of 14.9.

P/E ratio history for Eurofins-Cerep from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202314.964.86%
20229.0616.92%
20217.75-19.45%
20209.6250.92%
20196.37-16.64%
20187.6543.53%
20175.33-45.32%
20169.74-22.99%
201512.6-117.01%
2014-74.3301.65%
2013-18.5-136.7%
201250.4-187.34%
2011-57.82895.34%
2010-1.93-73.93%
2009-7.40-28.76%
2008-10.4-348.85%
20074.17-189.86%
2006-4.642449.19%
2005-0.1821-163.42%
20040.2872-99.83%
2003166459.48%
200229.7

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.