P/E ratio for SG Holdings (9143.T)
P/E ratio as of April 2024 (TTM): 8.82
According to SG Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.8223. At the end of 2022 the company had a P/E ratio of 8.62.
P/E ratio history for SG Holdings from 2018 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.62 | -54.05% |
| 2021 | 18.8 | -23.88% |
| 2020 | 24.7 | 37.94% |
| 2019 | 17.9 | -14.13% |
| 2018 | 20.8 |
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.