Steyr Motors AG
4X0.DE
#8194
Rank
C$0.35 B
Marketcap
C$68.44
Share price
-0.24%
Change (1 day)
253.93%
Change (1 year)

P/E ratio for Steyr Motors AG (4X0.DE)

P/E ratio at the end of 2024: 16.4

According to Steyr Motors AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 51.0673. At the end of 2024 the company had a P/E ratio of 16.4.

P/E ratio history for Steyr Motors AG from 2024 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202416.4

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.