Superloop Limited
SLC.AX
#6110
Rank
NZ$1.21 B
Marketcap
$2.38
Share price
5.94%
Change (1 day)
227.51%
Change (1 year)

P/E ratio for Superloop Limited (SLC.AX)

P/E ratio at the end of 2023: -9.81

According to Superloop Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -23.3138. At the end of 2023 the company had a P/E ratio of -9.81.

P/E ratio history for Superloop Limited from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-9.814.43%
2022-9.39-34.99%
2021-14.427.51%
2020-11.378.54%
2019-6.35-105.95%
2018107-121.77%
2017-490965.82%
2016-46.0

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.