P/E ratio for Skellerup Holdings (SKL.NZ)
P/E ratio at the end of 2023: 16.6
According to Skellerup Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.2156. At the end of 2023 the company had a P/E ratio of 16.6.
P/E ratio history for Skellerup Holdings from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 16.6 | -18.8% |
| 2022 | 20.4 | -1.73% |
| 2021 | 20.8 | 56.1% |
| 2020 | 13.3 | -6.04% |
| 2019 | 14.2 | 13.95% |
| 2018 | 12.4 | 2.58% |
| 2017 | 12.1 | 24.08% |
| 2016 | 9.77 | -4.53% |
| 2015 | 10.2 | 81.33% |
| 2014 | 5.64 | -45.05% |
| 2013 | 10.3 | 23.99% |
| 2012 | 8.28 | 0.28% |
| 2011 | 8.26 | 3.16% |
| 2010 | 8.01 | 5.34% |
| 2009 | 7.60 | 54.18% |
| 2008 | 4.93 | 324.12% |
| 2007 | 1.16 | -88.27% |
| 2006 | 9.91 | 13.38% |
| 2005 | 8.74 | -17.13% |
| 2004 | 10.5 | 5.57% |
| 2003 | 9.99 |
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.