Sarana Menara Nusantara
TOWR.JK
#3657
Rank
$2.70 B
Marketcap
$0.05000
Share price
0.58%
Change (1 day)
-16.67%
Change (1 year)

P/E ratio for Sarana Menara Nusantara (TOWR.JK)

P/E ratio as of March 2024 (TTM): 11.5

According to Sarana Menara Nusantara 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.5163. At the end of 2022 the company had a P/E ratio of 15.9.

P/E ratio history for Sarana Menara Nusantara from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202215.9-2.22%
202116.3-3.19%
202016.8-3.76%
201917.59.06%
201816.0-17.76%
201719.513.91%
201617.14.58%
201516.4-57.37%
201438.4-76.25%
2013162136.12%
201268.5

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.