Scandinavian Enviro Systems
SES.ST
#8315
Rank
โ‚ฌ0.13 B
Marketcap
0,17ย โ‚ฌ
Share price
-0.80%
Change (1 day)
84.54%
Change (1 year)

P/E ratio for Scandinavian Enviro Systems (SES.ST)

P/E ratio as of November 2024 (TTM): 61.9

According to Scandinavian Enviro Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 61.9326. At the end of 2023 the company had a P/E ratio of -15.0.

P/E ratio history for Scandinavian Enviro Systems from 2014 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-15.020.31%
2022-12.5-30.81%
2021-18.0-31.36%
2020-26.2864.33%
2019-2.72135.18%
2018-1.16-81.97%
2017-6.41297.83%
2016-1.61-20.17%
2015-2.02-73.59%
2014-7.65

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.