Steel & Tube Holdings
STU.NZ
#8813
Rank
A$0.13 B
Marketcap
$0.82
Share price
-1.09%
Change (1 day)
-17.60%
Change (1 year)

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

P/E ratio at the end of 2023: 10.2

According to Steel & Tube Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.61967. At the end of 2023 the company had a P/E ratio of 10.2.

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
202310.254.06%
20226.65-33.39%
20219.98-730.39%
2020-1.58-112.45%
201912.7-454.81%
2018-3.58-138.92%
20179.2066.94%
20165.51-44.42%
20159.92-3.72%
201410.3-1.62%
201310.51%
201210.45.52%
20119.83-68.57%
201031.3249.02%
20098.9612.9%
20087.94-29.5%
200711.3-13.17%
200613.033.69%
20059.70-20.56%
200412.2-20.38%
200315.3-12.31%
200217.57.28%
200116.3

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.