Covivio Hotels
COVH.PA
#3836
Rank
$2.41 B
Marketcap
$16.25
Share price
0.33%
Change (1 day)
-10.82%
Change (1 year)

P/E ratio for Covivio Hotels (COVH.PA)

P/E ratio at the end of 2021: 45.4

According to Covivio Hotels 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 39.642. At the end of 2021 the company had a P/E ratio of 45.4.

P/E ratio history for Covivio Hotels from 2004 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202145.4-871.78%
2020-5.88-162.76%
20199.37-27.58%
201812.943.33%
20179.03-14.34%
201610.510.43%
20159.55-21.47%
201412.2110.14%
20135.78-34.87%
20128.88215.14%
20112.8283.18%
20101.54-142.41%
2009-3.631.08%
2008-3.59-212.37%
20073.19183.87%
20061.13
200415.6

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.