P/E ratio for SIG plc (SHI.L)
P/E ratio at the end of 2023: -8.86
According to SIG plc's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -289.28. At the end of 2023 the company had a P/E ratio of -8.86.
P/E ratio history for SIG plc from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -8.86 | -136.66% |
| 2022 | 24.2 | -228.52% |
| 2021 | -18.8 | 890.59% |
| 2020 | -1.90 | -67.22% |
| 2019 | -5.79 | -115.45% |
| 2018 | 37.5 | -328.46% |
| 2017 | -16.4 | 214.82% |
| 2016 | -5.21 | -125.17% |
| 2015 | 20.7 | -17.43% |
| 2014 | 25.1 | -138.16% |
| 2013 | -65.7 | -403.94% |
| 2012 | 21.6 | -103.12% |
| 2011 | -694 | 8411.92% |
| 2010 | -8.15 | -12.21% |
| 2009 | -9.28 | -122.31% |
| 2008 | 41.6 | 479.6% |
| 2007 | 7.18 | -34.18% |
| 2006 | 10.9 | -5.68% |
| 2005 | 11.6 | 22% |
| 2004 | 9.48 | 16.03% |
| 2003 | 8.17 | 56.9% |
| 2002 | 5.21 | -39.85% |
| 2001 | 8.66 |
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.