ElringKlinger
ZIL2.DE
#7655
Rank
S$0.37 B
Marketcap
$5.94
Share price
0.12%
Change (1 day)
-27.19%
Change (1 year)

P/E ratio for ElringKlinger (ZIL2.DE)

P/E ratio as of December 2024 (TTM): 25.7

According to ElringKlinger's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.733. At the end of 2022 the company had a P/E ratio of -4.90.

P/E ratio history for ElringKlinger from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-4.90-139.24%
202112.5-151.23%
2020-24.4-117.92%
20191361260.99%
20189.99-41.14%
201717.032.61%
201612.8-20.46%
201516.1-6.65%
201417.2-3.2%
201317.8-8.91%
201219.653.96%
201112.7-46.8%
201023.9-14.53%
200927.9

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.