Sterling Tools
STERTOOLS.NS
#7678
Rank
C$0.35 B
Marketcap
$9.85
Share price
-3.80%
Change (1 day)
65.67%
Change (1 year)

P/E ratio for Sterling Tools (STERTOOLS.NS)

P/E ratio as of November 2024 (TTM): 40.6

According to Sterling Tools's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.5542. At the end of 2022 the company had a P/E ratio of 20.7.

P/E ratio history for Sterling Tools from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202220.7-6.82%
202122.2-31.7%
202032.516.51%
201927.9
201512.81.47%
201412.6176.43%
20134.57

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.