P/E ratio for Touax SCA (TOUP.PA)
P/E ratio at the end of 2023: 9.78
According to Touax SCA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.70811. At the end of 2023 the company had a P/E ratio of 9.78.
P/E ratio history for Touax SCA from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 9.78 | 39.57% |
| 2022 | 7.00 | 111.94% |
| 2021 | 3.31 | -62.64% |
| 2020 | 8.85 | -172.92% |
| 2019 | -12.1 | 65.42% |
| 2018 | -7.33 | 94.21% |
| 2017 | -3.78 | -34.28% |
| 2016 | -5.75 | 157.56% |
| 2015 | -2.23 | -59.23% |
| 2014 | -5.47 | 5.04% |
| 2013 | -5.21 | -150.14% |
| 2012 | 10.4 | 45.45% |
| 2011 | 7.14 | -23.21% |
| 2010 | 9.30 | 63.53% |
| 2009 | 5.69 | 74.02% |
| 2008 | 3.27 | -64.95% |
| 2007 | 9.33 | -8.8% |
| 2006 | 10.2 | -43.99% |
| 2005 | 18.3 | 13268.24% |
| 2004 | 0.1366 | -98.95% |
| 2003 | 13.0 | 5.12% |
| 2002 | 12.4 |
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.