Şişecam
SISE.IS
#3309
Rank
₹306.91 B
Marketcap
₹100.20
Share price
-0.29%
Change (1 day)
-28.76%
Change (1 year)

P/E ratio for Şişecam (SISE.IS)

P/E ratio as of December 2024 (TTM): 4.02

According to Şişecam's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.01539. At the end of 2022 the company had a P/E ratio of 6.55.

P/E ratio history for Şişecam from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.5553.11%
20214.28-49.2%
20208.4334.34%
20196.279.33%
20185.74-33.53%
20178.63-18.31%
201610.625.99%
20158.39-53.08%
201417.976.97%
201310.1-31.42%
201214.7127.26%
20116.48-14.25%
20107.56-60.84%
200919.3

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.