P/E ratio for Arezzo Indústria e Comércio (ARZZ3.SA)
P/E ratio as of May 2024 (TTM): 14.7
According to Arezzo Indústria e Comércio's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.6564. At the end of 2022 the company had a P/E ratio of 20.2.
P/E ratio history for Arezzo Indústria e Comércio from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.2 | 33.8% |
| 2021 | 15.1 | -88.29% |
| 2020 | 129 | 259.68% |
| 2019 | 35.8 | 2.64% |
| 2018 | 34.9 | 10.32% |
| 2017 | 31.6 | 64.97% |
| 2016 | 19.2 | 23.04% |
| 2015 | 15.6 | -26.66% |
| 2014 | 21.2 | -10.79% |
| 2013 | 23.8 | -34.42% |
| 2012 | 36.3 | 62.99% |
| 2011 | 22.3 |
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.