StarragTornos Group
STGN.SW
#7892
Rank
NZ$0.40 B
Marketcap
$74.40
Share price
1.61%
Change (1 day)
-19.18%
Change (1 year)

P/E ratio for StarragTornos Group (STGN.SW)

P/E ratio at the end of 2023: 5.78

According to StarragTornos Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.92026. At the end of 2023 the company had a P/E ratio of 5.78.

P/E ratio history for StarragTornos Group from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20235.78-59.37%
202214.2-153.82%
2021-26.4-85.46%
2020-182-921%
201922.230.43%
201817.0-4.66%
201717.8-41.04%
201630.284.82%
201516.39.23%
201415.0-11.58%
201316.913.44%
201214.913%
201113.2-32.05%
201019.457.18%
200912.4127.07%
20085.44-54.46%
200712.0-36.6%
200618.9

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.