Sildarvinnslan
SVN.IC
#5142
Rank
C$1.79 B
Marketcap
$0.97
Share price
0.53%
Change (1 day)
-0.82%
Change (1 year)
Categories

P/E ratio for Sildarvinnslan (SVN.IC)

P/E ratio as of November 2024 (TTM): 15.7

According to Sildarvinnslan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.7483. At the end of 2022 the company had a P/E ratio of 20.8.

P/E ratio history for Sildarvinnslan from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202220.843.87%
202114.5

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.