Softstar Entertainment
6111.TWO
#7749
Rank
NZ$0.31 B
Marketcap
$3.15
Share price
0.64%
Change (1 day)
-10.99%
Change (1 year)

P/E ratio for Softstar Entertainment (6111.TWO)

P/E ratio as of September 2024 (TTM): 12.4

According to Softstar Entertainment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.4452. At the end of 2022 the company had a P/E ratio of 7.58.

P/E ratio history for Softstar Entertainment from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.582.2%
20217.42-89.11%
202068.1365.57%
201914.6-73.99%
201856.2-84.43%
2017361-1113.14%
2016-35.6-215.09%
201531.0-142.65%
2014-72.6234.99%
2013-21.7286.01%
2012-5.62-38.51%
2011-9.13-5.41%
2010-9.65

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.