Sleep Country Canada Holdings
ZZZ.TO
#5781
Rank
A$1.29 B
Marketcap
$38.09
Share price
0.00%
Change (1 day)
47.71%
Change (1 year)

P/E ratio for Sleep Country Canada Holdings (ZZZ.TO)

P/E ratio as of November 2024 (TTM): 20.5

According to Sleep Country Canada Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.4773. At the end of 2023 the company had a P/E ratio of 12.4.

P/E ratio history for Sleep Country Canada Holdings from 2015 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202312.464.46%
20227.56-51.47%
202115.60.14%
202015.617.43%
201913.28.09%
201812.3-42.03%
201721.1-3.04%
201621.8-314%
2015-10.2

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.