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.
Year | P/E ratio | Change |
---|---|---|
2021 | 45.4 | -871.78% |
2020 | -5.88 | -162.76% |
2019 | 9.37 | -27.58% |
2018 | 12.9 | 43.33% |
2017 | 9.03 | -14.34% |
2016 | 10.5 | 10.43% |
2015 | 9.55 | -21.47% |
2014 | 12.2 | 110.14% |
2013 | 5.78 | -34.87% |
2012 | 8.88 | 215.14% |
2011 | 2.82 | 83.18% |
2010 | 1.54 | -142.41% |
2009 | -3.63 | 1.08% |
2008 | -3.59 | -212.37% |
2007 | 3.19 | 183.87% |
2006 | 1.13 | |
2004 | 15.6 |
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.