ECIT.OL
Price:
$9.88
Market Cap:
$4.58B
ECIT AS provides IT, finance and accounting, and technology solutions in Norway and internationally. The company offers finance and accounting services, including accounting, payroll, and HR, as well as process management, reporting/controlling, annual reports/tax, advisory, and debt collection; IT services and support, such as managed services, hosting and hybrid cloud, IT consulting, and digitalization. It also provides technology solutions comprising ERP and accounting, payroll, workflow, office support, automation, and robotics/artificial intelligence. ECIT AS was founded in 2013 and is based in Fornebu, Norway.
Industry
Information Technology Services
IPO Date
2021-05-20
Stock Exchange
OSL
Ticker
ECIT.OL
According to ECIT As’s latest financial reports and current stock price. The company's current PE Ratio is 47.05. This represents a change of 18.25% compared to the average of 39.79 of the last 4 quarters.
The mean historical PE Ratio of ECIT As over the last ten years is 49.46. The current 47.05 PE Ratio has changed 9.41% with respect to the historical average. Over the past ten years (40 quarters), ECIT.OL's PE Ratio was at its highest in in the September 2021 quarter at 84.15. The PE Ratio was at its lowest in in the December 2020 quarter at 11.35.
Average
49.46
Median
41.72
Minimum
29.19
Maximum
85.49
Discovering the peaks and valleys of ECIT As PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 130.57%
Maximum Annual PE Ratio = 85.49
Minimum Annual Increase = -65.85%
Minimum Annual PE Ratio = 29.19
| Year | PE Ratio | Change |
|---|---|---|
| 2023 | 32.50 | 3.77% |
| 2022 | 31.32 | -53.47% |
| 2021 | 67.31 | 130.57% |
| 2020 | 29.19 | -65.85% |
| 2019 | 85.49 | 67.81% |
The current PE Ratio of ECIT As (ECIT.OL) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
43.71
5-year avg
49.16
10-year avg
49.46
ECIT As’s PE Ratio is less than Volue ASA (166.28), greater than Sikri Group ASA (-20.10), greater than Crayon Group Holding ASA (44.51), greater than Asetek A/S (-4.10), greater than Questback Group AS (0), greater than Canopy Holdings AS (-0.39), greater than ayfie Group AS (-3.94), greater than Zwipe AS (-0.01), greater than Astrocast S.A. (-0.03), greater than Harmonychain AS (-13.37),
| Company | PE Ratio | Market cap |
|---|---|---|
| 166.28 | $6.00B | |
| -20.10 | $788.19M | |
| 44.51 | $12.87B | |
| -4.10 | $615.35M | |
| 0 | $45.04M | |
| -0.39 | $66.76M | |
| -3.94 | $132.57M | |
| -0.01 | $6.94M | |
| -0.03 | $9.24M | |
| -13.37 | $204.38M |
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