Suominen
SUY1V.HE
#8674
Rank
NZ$0.22 B
Marketcap
$3.89
Share price
2.44%
Change (1 day)
-17.19%
Change (1 year)

P/E ratio for Suominen (SUY1V.HE)

P/E ratio as of December 2024 (TTM): -33.5

According to Suominen's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -33.54. At the end of 2023 the company had a P/E ratio of -12.8.

P/E ratio history for Suominen from 2010 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-12.82.72%
2022-12.5-186.73%
202114.450.12%
20209.58-96.43%
2019268-601.54%
2018-53.5-426.81%
201716.4

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.