Formycon AG
FYB.DE
#5774
Rank
ยฃ0.69 B
Marketcap
ยฃ38.79
Share price
0.75%
Change (1 day)
-27.99%
Change (1 year)

P/E ratio for Formycon AG (FYB.DE)

P/E ratio at the end of 2022: 30.8

According to Formycon AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.3431. At the end of 2022 the company had a P/E ratio of 30.8.

P/E ratio history for Formycon AG from 2011 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202230.8-170.9%
2021-43.4-33.5%
2020-65.3-47.42%
2019-124-508.46%
201830.4-119.39%
2017-157208.49%
2016-50.8-114.87%
2015342291.56%
201487.3
2012-4.20-75.96%
2011-17.5

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.