P/E ratio for Solvac (SOLV.BR)
P/E ratio at the end of 2022: 3.39
According to Solvac's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.09992. At the end of 2022 the company had a P/E ratio of 3.39.
P/E ratio history for Solvac from 2005 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.39 | -52.15% |
| 2021 | 7.09 | -212.67% |
| 2020 | -6.29 | -108.67% |
| 2019 | 72.6 | 837.64% |
| 2018 | 7.74 | 11.84% |
| 2017 | 6.92 | -43.25% |
| 2016 | 12.2 | 4.15% |
| 2015 | 11.7 | -84.82% |
| 2014 | 77.2 | 346.93% |
| 2013 | 17.3 | 118.47% |
| 2012 | 7.90 | -40.9% |
| 2011 | 13.4 | 577.81% |
| 2010 | 1.97 | -64.99% |
| 2009 | 5.64 | -5.46% |
| 2008 | 5.96 | 13.59% |
| 2007 | 5.25 | -3.38% |
| 2006 | 5.43 | 17.85% |
| 2005 | 4.61 |
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.