According to Schaffer Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.1387. At the end of 2023 the company had a P/E ratio of 15.8.
Year | P/E ratio | Change |
---|---|---|
2023 | 15.8 | 88.86% |
2022 | 8.35 | 37.83% |
2021 | 6.06 | -10.33% |
2020 | 6.75 | -7.66% |
2019 | 7.31 | 9.3% |
2018 | 6.69 | -50.73% |
2017 | 13.6 | 29.58% |
2016 | 10.5 | -32.96% |
2015 | 15.6 | 72.18% |
2014 | 9.08 | 66.44% |
2013 | 5.45 | 32.98% |
2012 | 4.10 | -26.38% |
2011 | 5.57 | -47.38% |
2010 | 10.6 | 136.05% |
2009 | 4.49 | -25.96% |
2008 | 6.06 | -29.75% |
2007 | 8.63 | 3.34% |
2006 | 8.35 | 52.21% |
2005 | 5.48 | -49.09% |
2004 | 10.8 | 18.75% |
2003 | 9.07 | -11.35% |
2002 | 10.2 | 35.65% |
2001 | 7.54 |
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.