P/E ratio for Secure Energy Services (SES.TO)
P/E ratio as of July 2025 (TTM): 7.60
According to Secure Energy Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.59705. At the end of 2023 the company had a P/E ratio of 14.3.
P/E ratio history for Secure Energy Services from 2010 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 14.3 | 19.91% |
| 2022 | 11.9 | -299.74% |
| 2021 | -5.97 | 31.48% |
| 2020 | -4.54 | -100.92% |
| 2019 | 494 | 763.86% |
| 2018 | 57.2 | -237.04% |
| 2017 | -41.7 | 13.99% |
| 2016 | -36.6 | 436.83% |
| 2015 | -6.82 | -110.52% |
| 2014 | 64.8 | 31.81% |
| 2013 | 49.2 | 60.43% |
| 2012 | 30.6 | 24.91% |
| 2011 | 24.5 | -61.86% |
| 2010 | 64.3 |
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.