Ford Otosan
FROTO.IS
#1651
Rank
NZ$17.61 B
Marketcap
$50.20
Share price
2.83%
Change (1 day)
3.24%
Change (1 year)

P/E ratio for Ford Otosan (FROTO.IS)

P/E ratio as of November 2024 (TTM): 7.04

According to Ford Otosan 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.04358. At the end of 2022 the company had a P/E ratio of 9.89.

P/E ratio history for Ford Otosan from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.894.16%
20219.49-9.24%
202010.5-18.17%
201912.819.14%
201810.7-24.14%
201714.125.8%
201611.2-10.89%
201512.6-34.11%
201419.154.36%
201312.413.03%
201211.036.28%
20118.05-11.14%
20109.06

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.