Secure Energy Services
SES.TO
#3909
Rank
$2.31 B
Marketcap
$8.27
Share price
0.45%
Change (1 day)
85.01%
Change (1 year)

P/E ratio for Secure Energy Services (SES.TO)

P/E ratio as of March 2024 (TTM): 20.4

According to Secure Energy Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.3956. At the end of 2022 the company had a P/E ratio of 12.1.

P/E ratio history for Secure Energy Services from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.1-295.87%
2021-6.1938.35%
2020-4.47-100.89%
2019503760.68%
201858.4-240.77%
2017-41.513.4%
2016-36.6420.89%
2015-7.03-111.18%
201462.928.05%
201349.168.23%
201229.218.91%
201124.5-57.94%
201058.3

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.