Salzgitter
SZG.F
#4481
Rank
$1.04 B
Marketcap
$19.28
Share price
-6.95%
Change (1 day)
-39.77%
Change (1 year)

P/E ratio for Salzgitter (SZG.F)

P/E ratio as of October 2022 (TTM): 0.8060

According to Salzgitter's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.805977. At the end of 2021 the company had a P/E ratio of 2.97.

P/E ratio history for Salzgitter from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20212.97-170.4%
2020-4.22-6.07%
2019-4.49-190.85%
20184.94-63.58%
201713.6-59.54%
201633.5-230.82%
2015-25.6-30.25%
2014-36.7980%
2013-3.40-84.12%
2012-21.4-339.28%
20118.96-91.35%
2010103-1170.8%
2009-9.66-312.76%
20084.54-28.05%
20076.3167.81%
20063.7616.25%
20053.24-9.57%
20043.58-78.71%
200316.8192.67%
20025.7437.11%
20014.19

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.