Grifols
GRFS
#2418
Rank
ยฃ4.72 B
Marketcap
ยฃ5.97
Share price
-2.72%
Change (1 day)
-27.68%
Change (1 year)

P/E ratio for Grifols (GRFS)

P/E ratio as of December 2024 (TTM): 10.9

According to Grifols's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.9348. At the end of 2020 the company had a P/E ratio of 17.6.

P/E ratio history for Grifols from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202017.6-23.07%
201922.927.44%
201817.9-12.49%
201720.512.69%
201618.2-4.33%
201519.0-0.2%
201419.1-28.67%
201326.70.53%
201226.6-34.07%
201140.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.3-6.06%๐Ÿ‡บ๐Ÿ‡ธ USA
25.2 130.62%๐Ÿ‡บ๐Ÿ‡ธ USA
5.80-46.93%๐Ÿ‡บ๐Ÿ‡ธ USA
18.8 72.27%๐Ÿ‡บ๐Ÿ‡ธ USA

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.