P/E ratio for Schweiter Technologies (SWTQ.SW)
P/E ratio at the end of 2021: 22.9
According to Schweiter Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2021 the company had a P/E ratio of 22.9.
P/E ratio history for Schweiter Technologies from 2002 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 22.9 | 13.48% |
| 2020 | 20.2 | -31% |
| 2019 | 29.3 | 41.79% |
| 2018 | 20.6 | 96.19% |
| 2017 | 10.5 | -54.84% |
| 2016 | 23.3 | -3.78% |
| 2015 | 24.2 | -1.16% |
| 2014 | 24.5 | -23.5% |
| 2013 | 32.0 | 162.85% |
| 2012 | 12.2 | -15.92% |
| 2011 | 14.5 | -29.88% |
| 2010 | 20.7 | -156.86% |
| 2009 | -36.3 | -3251% |
| 2008 | 1.15 | -88.8% |
| 2007 | 10.3 | -34.69% |
| 2006 | 15.8 | -20.47% |
| 2005 | 19.8 | 119.16% |
| 2004 | 9.05 | -46.05% |
| 2003 | 16.8 | -835.71% |
| 2002 | -2.28 |
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.