StarragTornos Group
STGN.SW
#8315
Rank
ยฃ0.17 B
Marketcap
ยฃ31.83
Share price
-1.19%
Change (1 day)
0.63%
Change (1 year)

P/E ratio for StarragTornos Group (STGN.SW)

P/E ratio at the end of 2024: 19.5

According to StarragTornos Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.7983. At the end of 2024 the company had a P/E ratio of 19.5.

P/E ratio history for StarragTornos Group from 2006 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202419.5179.2%
20236.98-57.66%
202216.5-155.07%
2021-29.9-85.46%
2020-206-921%
201925.132.89%
201818.9-2.64%
201719.4-41.04%
201632.989.66%
201517.312.44%
201415.4-9.7%
201317.116.79%
201214.614.92%
201112.7-31.22%
201018.557.18%
200911.8135.99%
20084.99-53.42%
200710.7-35.63%
200616.6

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.