P/E ratio for Schaeffler (SHA.F)
P/E ratio as of April 2024 (TTM): 6.85
According to Schaeffler's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.85385. At the end of 2022 the company had a P/E ratio of 7.70.
P/E ratio history for Schaeffler from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.70 | 20.74% |
| 2021 | 6.38 | -160.68% |
| 2020 | -10.5 | -169.47% |
| 2019 | 15.1 | 167.91% |
| 2018 | 5.65 | -43.7% |
| 2017 | 10.0 | -8.15% |
| 2016 | 10.9 | -39.42% |
| 2015 | 18.0 |
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.