ร‰lectricite de Strasbourg
ELEC.PA
#5394
Rank
HK$8.25 B
Marketcap
HK$1,151
Share price
0.00%
Change (1 day)
18.09%
Change (1 year)

P/E ratio for ร‰lectricite de Strasbourg (ELEC.PA)

P/E ratio at the end of 2023: 7.47

According to ร‰lectricite de Strasbourg's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.2769. At the end of 2023 the company had a P/E ratio of 7.47.

P/E ratio history for ร‰lectricite de Strasbourg from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20237.47-43.14%
202213.10.84%
202113.0-38.24%
202021.137.9%
201915.322.16%
201812.5-0.45%
201712.619.32%
201610.5-19.15%
201513.019.34%
201410.935.95%
20138.04-13.1%
20129.25-8.12%
201110.1-11.19%
201011.37.1%
200910.6

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.