Somec S.p.A.
SOM.MI
#8664
Rank
A$0.16 B
Marketcap
$22.97
Share price
0.71%
Change (1 day)
N/A
Change (1 year)

P/E ratio for Somec S.p.A. (SOM.MI)

P/E ratio at the end of 2022: -131

According to Somec S.p.A.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -56.506. At the end of 2022 the company had a P/E ratio of -131.

P/E ratio history for Somec S.p.A. from 2018 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022-131-547.79%
202129.2-29.13%
202041.293.54%
201921.371.87%
201812.4

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.