Sensus Healthcare
SRTS
#8378
Rank
C$0.20 B
Marketcap
$12.47
Share price
-0.11%
Change (1 day)
335.65%
Change (1 year)

P/E ratio for Sensus Healthcare (SRTS)

P/E ratio as of November 2024 (TTM): 30.8

According to Sensus Healthcare's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.7931. At the end of 2023 the company had a P/E ratio of 78.7.

P/E ratio history for Sensus Healthcare from 2016 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202378.71447.89%
20225.08-83.11%
202130.1-427.33%
2020-9.19-74.04%
2019-35.4-33.12%
2018-52.9187.21%
2017-18.4-89.61%
2016-177

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.