Steel & Tube Holdings
STU.NZ
#9119
Rank
A$0.12 B
Marketcap
$0.74
Share price
0.00%
Change (1 day)
-25.84%
Change (1 year)

P/E ratio for Steel & Tube Holdings (STU.NZ)

P/E ratio at the end of 2023: 9.86

According to Steel & Tube Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.25686. At the end of 2023 the company had a P/E ratio of 9.86.

P/E ratio history for Steel & Tube Holdings from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20239.8654.06%
20226.40-33.39%
20219.61-730.39%
2020-1.52-112.45%
201912.2-454.81%
2018-3.45-138.92%
20178.8666.94%
20165.31-44.42%
20159.55-3.72%
20149.92-1.62%
201310.11%
20129.985.52%
20119.46-68.57%
201030.1249.02%
20098.6212.9%
20087.64-29.5%
200710.8-13.17%
200612.533.69%
20059.33-20.56%
200411.7-20.38%
200314.8-12.31%
200216.87.28%
200115.7

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.