P/E ratio for Solid State Group (SOLI.L)
P/E ratio at the end of 2023: 3.44
According to Solid State Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 271.55. At the end of 2023 the company had a P/E ratio of 3.44.
P/E ratio history for Solid State Group from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 3.44 | -53.56% |
| 2022 | 7.41 | 117.46% |
| 2021 | 3.41 | 69.7% |
| 2020 | 2.01 | -16.84% |
| 2019 | 2.41 | -9.74% |
| 2018 | 2.67 | -30.35% |
| 2017 | 3.84 | 195.75% |
| 2016 | 1.30 | -58.99% |
| 2015 | 3.16 | 46.82% |
| 2014 | 2.16 | 26.16% |
| 2013 | 1.71 | 5.14% |
| 2012 | 1.62 | 68.7% |
| 2011 | 0.9632 | -0.46% |
| 2010 | 0.9677 | 142.32% |
| 2009 | 0.3993 | -41.94% |
| 2008 | 0.6878 | -9.99% |
| 2007 | 0.7642 | -108.88% |
| 2006 | -8.61 | -464.98% |
| 2005 | 2.36 | 6.56% |
| 2004 | 2.21 | 31.49% |
| 2003 | 1.68 | -76.16% |
| 2002 | 7.06 | 329.48% |
| 2001 | 1.64 |
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.