Solocal Group
LOCAL.PA
#9042
Rank
NZ$0.15 B
Marketcap
$4.33
Share price
-1.04%
Change (1 day)
-63.71%
Change (1 year)

P/E ratio for Solocal Group (LOCAL.PA)

P/E ratio as of December 2024 (TTM): 0.1308

According to Solocal Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.1308. At the end of 2022 the company had a P/E ratio of < -1000.

P/E ratio history for Solocal Group from 2011 to 2016

PE ratio at the end of each year

Year P/E ratio Change
2022< -1000-557.5%
202153926.72%
2020425-51.22%
2019872-414.7%
2018-277-434.46%
201782.8-58.14%
2016198-75.31%
201580177.38%
2014452108.27%
2013217-19.08%
2012268384.23%
201155.3-91.25%
2010632-1.56%
2009642-29.87%
2008916-20.29%
2007> 10000.96%
2006> 1000-39.8%
2005> 10001.08%
2004> 1000

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.