P/E ratio for ENI (E)
P/E ratio as of May 2024 (TTM): 5.88
According to ENI's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.87828. At the end of 2022 the company had a P/E ratio of 3.51.
P/E ratio history for ENI from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.51 | -50.81% |
| 2021 | 7.14 | -287.06% |
| 2020 | -3.82 | -101.07% |
| 2019 | 356 | 2931.64% |
| 2018 | 11.7 | -22.46% |
| 2017 | 15.1 | -143.9% |
| 2016 | -34.5 | 501.86% |
| 2015 | -5.73 | -118.35% |
| 2014 | 31.2 | 143.47% |
| 2013 | 12.8 | 47.36% |
| 2012 | 8.70 | 10.21% |
| 2011 | 7.89 | -16.53% |
| 2010 | 9.46 | -37.07% |
| 2009 | 15.0 | 134.71% |
| 2008 | 6.40 | -40.26% |
| 2007 | 10.7 | 3.42% |
| 2006 | 10.4 | 1.07% |
| 2005 | 10.3 | -3.06% |
| 2004 | 10.6 | -2.09% |
| 2003 | 10.8 | -7.45% |
| 2002 | 11.7 | 107.49% |
| 2001 | 5.62 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 PetroChina 601857.SS | 11.5 | 95.99% | 🇨🇳 China |
 BP BP | 4.32 | -26.54% | 🇬🇧 UK |
 Marathon Oil
MRO | 9.72 | 65.41% | 🇺🇸 USA |
 Exxon Mobil XOM | 11.8 | 100.48% | 🇺🇸 USA |
 Chevron CVX | 11.9 | 102.76% | 🇺🇸 USA |
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.