Franchi Umberto Marmi
FUM.MI
#8364
Rank
โ‚น14.31 B
Marketcap
โ‚น430.90
Share price
1.38%
Change (1 day)
-19.88%
Change (1 year)

P/E ratio for Franchi Umberto Marmi (FUM.MI)

P/E ratio at the end of 2023: 17.0

According to Franchi Umberto Marmi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.3538. At the end of 2023 the company had a P/E ratio of 17.0.

P/E ratio history for Franchi Umberto Marmi from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202317.0-6.89%
202218.3-40.63%
202130.832.25%
202023.332.72%
201917.5-110.52%
2018-167

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.