Grupo Simec
SIM
#2185
Rank
$5.58 B
Marketcap
$34.81
Share price
0.00%
Change (1 day)
14.58%
Change (1 year)

P/E ratio for Grupo Simec (SIM)

P/E ratio as of March 2023 (TTM): 13.4

According to Grupo Simec's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.3724. At the end of 2021 the company had a P/E ratio of 9.62.

P/E ratio history for Grupo Simec from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20219.62-54.26%
202021.0-188.46%
2019-23.8-367.75%
20188.88-60.72%
201722.628.97%
201617.515.71%
201515.2-17.61%
201418.46.97%
201317.235.07%
201212.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.50-66.38%๐Ÿ‡บ๐Ÿ‡ธ USA
5.19-61.22%๐Ÿ‡บ๐Ÿ‡ธ USA
2.86-78.63%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
5.29-60.45%๐Ÿ‡บ๐Ÿ‡ธ USA
7.99-40.24%๐Ÿ‡บ๐Ÿ‡ธ USA
4.34-67.52%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
2.55-80.91%๐Ÿ‡บ๐Ÿ‡ธ USA
3.03-77.32%๐Ÿ‡ง๐Ÿ‡ท Brazil

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.