| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 14.45 | 21.52% |
| 2024 | 11.89 | -18.01% |
| 2023 | 14.50 | 82.00% |
| 2022 | 7.97 | -42.21% |
| 2021 | 13.79 | -17.99% |
| 2020 | 16.82 | 5.09% |
| 2019 | 16.00 | 12.51% |
| 2018 | 14.22 | -19.16% |
| 2017 | 17.59 | 23.52% |
| 2016 | 14.24 | -30.21% |
| 2015 | 20.41 | 29.18% |
| 2014 | 15.80 | 3.11% |
| 2013 | 15.32 | 23.61% |
| 2012 | 12.40 | 9.27% |
| 2011 | 11.34 | 87.74% |
| 2010 | 6.04 | -76.14% |
| 2009 | 25.33 | -448.18% |
| 2008 | -7.27 | -149.02% |
| 2007 | 14.84 | 23.93% |
| 2006 | 11.97 | 16.56% |
| 2005 | 10.27 | -13.26% |
| 2004 | 11.84 | -12.65% |
| 2003 | 13.56 | -19.71% |
| 2002 | 16.89 | 61.87% |
| 2001 | 10.43 | -40.39% |
| 2000 | 17.50 | 0.00% |
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 14.81 | 2.52% |
US
|
|
| 19.70 | 36.38% |
US
|
|
| 46.52 | 221.94% |
DK
|
|
| 23.07 | 59.68% |
CH
|
|
| 67.28 | 365.64% |
US
|
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.