Solid State Group
SOLI.L
#8251
Rank
A$0.24 B
Marketcap
$4.17
Share price
0.00%
Change (1 day)
-82.75%
Change (1 year)

P/E ratio for Solid State Group (SOLI.L)

P/E ratio at the end of 2023: 17.2

According to Solid State Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 328.203. At the end of 2023 the company had a P/E ratio of 17.2.

P/E ratio history for Solid State Group from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202317.2-53.56%
202237.0117.46%
202117.069.7%
202010.0-16.84%
201912.1-9.74%
201813.4-30.35%
201719.2195.75%
20166.48-58.99%
201515.846.82%
201410.826.16%
20138.545.14%
20128.1268.7%
20114.81-0.46%
20104.83142.32%
20092.00-41.94%
20083.44-9.99%
20073.82-108.88%
2006-43.0-464.98%
200511.86.56%
200411.131.49%
20038.41-76.16%
200235.3329.48%
20018.22

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.