StarragTornos Group
STGN.SW
#8465
Rank
HK$1.58 B
Marketcap
HK$289.78
Share price
1.38%
Change (1 day)
-6.50%
Change (1 year)

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

P/E ratio at the end of 2024: 19.0

According to StarragTornos Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.5095. At the end of 2024 the company had a P/E ratio of 19.0.

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

PE ratio at the end of each year

Year P/E ratio Change
202419.0179.2%
20236.80-57.66%
202216.1-155.07%
2021-29.2-85.46%
2020-200-921%
201924.432.89%
201818.4-2.64%
201718.9-41.04%
201632.089.66%
201516.912.44%
201415.0-9.7%
201316.616.79%
201214.214.92%
201112.4-31.22%
201018.057.18%
200911.5135.99%
20084.85-53.42%
200710.4-35.63%
200616.2

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.