The Star Entertainment Group
SGR.AX
#6892
Rank
HK$3.29 B
Marketcap
HK$1.15
Share price
4.65%
Change (1 day)
-60.20%
Change (1 year)

P/E ratio for The Star Entertainment Group (SGR.AX)

P/E ratio at the end of 2023: -0.5329

According to The Star Entertainment Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.114749. At the end of 2023 the company had a P/E ratio of -0.5329.

P/E ratio history for The Star Entertainment Group from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-0.5329-95.78%
2022-12.6-124.12%
202152.3-306.1%
2020-25.4-239.77%
201918.2-27.75%
201825.184.95%
201713.6-33.2%
201620.411.89%
201518.26.5%
201417.1-21.51%
201321.8-53.5%
201246.8513.33%
20117.63

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.