According to Sime Darby Plantation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.4508. At the end of 2022 the company had a P/E ratio of 12.9.
Year | P/E ratio | Change |
---|---|---|
2022 | 12.9 | 12.4% |
2021 | 11.5 | -60.14% |
2020 | 28.8 | -114.82% |
2019 | -195 | -419.77% |
2018 | 60.9 | 569.29% |
2017 | 9.09 |
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.