P/E ratio for Robertet (CBE.PA)
P/E ratio at the end of 2022: 19.6
According to Robertet 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.2755. At the end of 2022 the company had a P/E ratio of 19.6.
P/E ratio history for Robertet from 2005 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.6 | -24.81% |
| 2021 | 26.1 | -13.24% |
| 2020 | 30.1 | 0.46% |
| 2019 | 29.9 | 78.49% |
| 2018 | 16.8 | 41.35% |
| 2017 | 11.9 | -9.56% |
| 2016 | 13.1 | 32.15% |
| 2015 | 9.93 | 42.98% |
| 2014 | 6.94 | -14.09% |
| 2013 | 8.08 | 33.87% |
| 2012 | 6.04 | -10.44% |
| 2011 | 6.74 | 9.75% |
| 2010 | 6.14 | 1.37% |
| 2009 | 6.06 | -21.48% |
| 2008 | 7.72 | -5.61% |
| 2007 | 8.18 | -20.48% |
| 2006 | 10.3 | -18.99% |
| 2005 | 12.7 |
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.