StarragTornos Group
STGN.SW
#7684
Rank
โ‚น20.66 B
Marketcap
โ‚น3,801
Share price
3.11%
Change (1 day)
-19.93%
Change (1 year)

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

P/E ratio at the end of 2023: 6.60

According to StarragTornos Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.2533. At the end of 2023 the company had a P/E ratio of 6.60.

P/E ratio history for StarragTornos Group from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20236.60-59.37%
202216.2-153.82%
2021-30.2-85.46%
2020-207-921%
201925.330.43%
201819.4-4.66%
201720.3-41.04%
201634.584.82%
201518.69.23%
201417.1-11.58%
201319.313.44%
201217.013%
201115.1-32.05%
201022.257.18%
200914.1127.07%
20086.21-54.46%
200713.6-36.6%
200621.5

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.