P/E ratio for Forbo Holding (FORN.SW)
P/E ratio at the end of 2021: 18.6
According to Forbo Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.8865. At the end of 2021 the company had a P/E ratio of 18.6.
P/E ratio history for Forbo Holding from 2002 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 18.6 | -7.2% |
| 2020 | 20.1 | 8.67% |
| 2019 | 18.5 | 12.14% |
| 2018 | 16.5 | -74.84% |
| 2017 | 65.5 | 265.83% |
| 2016 | 17.9 | -4.67% |
| 2015 | 18.8 | 18.6% |
| 2014 | 15.8 | 33.09% |
| 2013 | 11.9 | 114.9% |
| 2012 | 5.54 | -24.79% |
| 2011 | 7.37 | -4.28% |
| 2010 | 7.70 | -26.31% |
| 2009 | 10.4 | -64.77% |
| 2008 | 29.6 | 63.27% |
| 2007 | 18.2 | -27.53% |
| 2006 | 25.1 | -141.82% |
| 2005 | -59.9 | 2157.79% |
| 2004 | -2.65 | -104.78% |
| 2003 | 55.5 | 217.82% |
| 2002 | 17.5 |
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.