Salzgitter
SZG.F
#5746
Rank
$0.88 B
Marketcap
$16.32
Share price
-2.00%
Change (1 day)
-49.28%
Change (1 year)

P/E ratio for Salzgitter (SZG.F)

P/E ratio as of December 2024 (TTM): 1.71

According to Salzgitter's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.70825. At the end of 2022 the company had a P/E ratio of 1.45.

P/E ratio history for Salzgitter from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20221.45-51.06%
20212.97-170.6%
2020-4.21-6.25%
2019-4.49-190.85%
20184.94-63.58%
201713.6-59.61%
201633.6-260.09%
2015-21.0-42.9%
2014-36.7981.19%
2013-3.40-84.14%
2012-21.4-339.28%
20118.96-92.31%
2010116-1305.01%
2009-9.66

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.