Singapore Airlines
C6L.SI
#1276
Rank
A$22.05 B
Marketcap
$7.37
Share price
-0.62%
Change (1 day)
1.78%
Change (1 year)

P/E ratio for Singapore Airlines (C6L.SI)

P/E ratio as of November 2024 (TTM): 10.4

According to Singapore Airlines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4447. At the end of 2022 the company had a P/E ratio of 19.9.

P/E ratio history for Singapore Airlines from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202219.9-278.09%
2021-11.2342.95%
2020-2.52-115.96%
201915.88.09%
201814.62.27%
201714.3-9.04%
201615.7-25.45%
201521.1-44.91%
201438.325.41%
201330.5-34.12%
201246.3107.96%
201122.346.5%
201015.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-2.22-121.23%๐Ÿ‡จ๐Ÿ‡ณ China
-3.50-133.49%๐Ÿ‡จ๐Ÿ‡ณ China
11.5 10.18%๐Ÿ‡บ๐Ÿ‡ธ USA
9.99-4.33%๐Ÿ‡บ๐Ÿ‡ธ USA

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.