Gรฉvelot SA
ALGEV.PA
#8521
Rank
NZ$0.27 B
Marketcap
$353.53
Share price
0.00%
Change (1 day)
-14.07%
Change (1 year)

P/E ratio for Gรฉvelot SA (ALGEV.PA)

P/E ratio at the end of 2023: 11.6

According to Gรฉvelot SA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.3951. At the end of 2023 the company had a P/E ratio of 11.6.

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

PE ratio at the end of each year

Year P/E ratio Change
202311.6-34.77%
202217.87.11%
202116.6-84.93%
2020110542.8%
201917.2-23.64%
201822.5-72.08%
201780.5859.95%
20168.39-117.47%
2015-48.0-3208.04%
20141.54-79.1%
20137.39-269.2%
2012-4.37-267.1%
20112.61-25.06%
20103.49-130.1%
2009-11.6-525.02%
20082.73-42.14%
20074.71-54.61%
200610.4

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.