According to Stoneridge's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -15.9667. At the end of 2022 the company had a P/E ratio of -41.5.
Year | P/E ratio | Change |
---|---|---|
2022 | -41.5 | -128.32% |
2021 | 146 | -240.47% |
2020 | -104 | -871.5% |
2019 | 13.5 | 4.15% |
2018 | 13.0 | -8.63% |
2017 | 14.2 | 123.94% |
2016 | 6.34 | -64.44% |
2015 | 17.8 | -342.65% |
2014 | -7.35 | -132.85% |
2013 | 22.4 | -8.25% |
2012 | 24.4 | 490% |
2011 | 4.13 | -88.22% |
2010 | 35.1 | -633.54% |
2009 | -6.58 | 502.86% |
2008 | -1.09 | -109.77% |
2007 | 11.2 | -14.1% |
2006 | 13.0 | -92.15% |
2005 | 166 | -4573.86% |
2004 | -3.70 | -123.11% |
2003 | 16.0 | 26.47% |
2002 | 12.7 | -80.52% |
2001 | 65.0 |
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.