P/E ratio for SRG Global Limited (SRG.AX)
P/E ratio at the end of 2023: 14.7
According to SRG Global Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.7635. At the end of 2023 the company had a P/E ratio of 14.7.
P/E ratio history for SRG Global Limited from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 14.7 | 19.81% |
| 2022 | 12.3 | -19.26% |
| 2021 | 15.2 | -661.71% |
| 2020 | -2.71 | -114.77% |
| 2019 | 18.4 | 96.26% |
| 2018 | 9.36 | 7.22% |
| 2017 | 8.73 | -1154.98% |
| 2016 | -0.8278 | -109.37% |
| 2015 | 8.84 | 46.96% |
| 2014 | 6.01 | 93.91% |
| 2013 | 3.10 | -20.52% |
| 2012 | 3.90 | -7.41% |
| 2011 | 4.21 | -15.53% |
| 2010 | 4.99 | 63.07% |
| 2009 | 3.06 | -22.63% |
| 2008 | 3.95 |
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.