Sto SE & Co. KGaA
STO3.DE
#5481
Rank
โ‚ฌ0.95 B
Marketcap
148,00ย โ‚ฌ
Share price
6.02%
Change (1 day)
2.07%
Change (1 year)

P/E ratio for Sto SE & Co. KGaA (STO3.DE)

P/E ratio at the end of 2023: 10.3

According to Sto SE & Co. KGaA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.9199. At the end of 2023 the company had a P/E ratio of 10.3.

P/E ratio history for Sto SE & Co. KGaA from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202310.3-5.55%
202210.9-26.1%
202114.761.53%
20209.13-25.56%
201912.334.07%
20189.15-30.95%
201713.2-1.74%
201613.52.77%
201513.120.69%
201410.96.75%
201310.28.33%
20129.4019.75%
20117.85-8.48%
20108.5854.43%
20095.5523.47%
20084.50

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.