EssilorLuxottica
EL.PA
#140
Rank
S$158.65 B
Marketcap
$347.51
Share price
0.69%
Change (1 day)
36.52%
Change (1 year)

P/E ratio for EssilorLuxottica (EL.PA)

P/E ratio at the end of 2022: 32.7

According to EssilorLuxottica's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 48.8772. At the end of 2022 the company had a P/E ratio of 32.7.

P/E ratio history for EssilorLuxottica from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202232.7-35.39%
202150.6-90.89%
20205551035.47%
201948.9108.75%
201823.414.66%
201720.4-24.6%
201627.1-9.65%
201530.076.01%
201417.0-14.33%
201319.9-5.36%
201221.020.99%
201117.42.49%
201017.09.62%
200915.517.57%
200813.2-21.11%
200716.7-13.42%
200619.3-6.56%
200520.619.48%
200417.33.9%
200316.6-17.83%
200220.2-8.26%
200122.0

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.