Gรฉvelot SA
ALGEV.PA
#8496
Rank
NZ$0.24 B
Marketcap
$329.63
Share price
-6.59%
Change (1 day)
-23.27%
Change (1 year)

P/E ratio for Gรฉvelot SA (ALGEV.PA)

P/E ratio at the end of 2023: 11.7

According to Gรฉvelot SA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.94946. At the end of 2023 the company had a P/E ratio of 11.7.

P/E ratio history for Gรฉvelot SA from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202311.7-34.77%
202217.97.11%
202116.8-84.93%
2020111542.8%
201917.3-23.64%
201822.7-72.08%
201781.2859.95%
20168.45-117.47%
2015-48.4-3208.04%
20141.56-79.1%
20137.45-269.2%
2012-4.40-267.1%
20112.63-25.06%
20103.52-130.1%
2009-11.7-525.02%
20082.75-42.14%
20074.75-54.61%
200610.5

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.