Smartgroup Corporation
SIQ.AX
#6135
Rank
C$0.96 B
Marketcap
$7.20
Share price
2.21%
Change (1 day)
-5.76%
Change (1 year)

P/E ratio for Smartgroup Corporation (SIQ.AX)

P/E ratio at the end of 2022: 10.9

According to Smartgroup Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.7826. At the end of 2022 the company had a P/E ratio of 10.9.

P/E ratio history for Smartgroup Corporation from 2014 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202210.9-29.28%
202115.5-17.2%
202018.734.6%
201913.9-21.97%
201817.8-33.22%
201726.637.79%
201619.3-18.1%
201523.6-121.86%
2014-108

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.