P/E ratio for Service Stream Limited (SSM.AX)
P/E ratio at the end of 2024: 23.3
According to Service Stream Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.8797. At the end of 2024 the company had a P/E ratio of 23.3.
P/E ratio history for Service Stream Limited from 2005 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 23.3 | -78.82% |
| 2023 | 110 | -914.73% |
| 2022 | -13.5 | -226.89% |
| 2021 | 10.7 | -26.95% |
| 2020 | 14.6 | -27.05% |
| 2019 | 20.0 | 68.58% |
| 2018 | 11.9 | -17.94% |
| 2017 | 14.5 | 10.74% |
| 2016 | 13.1 | 65.52% |
| 2015 | 7.89 | -55.86% |
| 2014 | 17.9 | -6801.43% |
| 2013 | -0.2667 | -107.84% |
| 2012 | 3.40 | -33.64% |
| 2011 | 5.12 | -126.7% |
| 2010 | -19.2 | -457.42% |
| 2009 | 5.37 | -12.85% |
| 2008 | 6.16 | -54.96% |
| 2007 | 13.7 | 112.53% |
| 2006 | 6.44 | -19.06% |
| 2005 | 7.95 |
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.