P/E ratio for SG Holdings (9143.T)
P/E ratio as of October 2023 (TTM): 9.44
According to SG Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.44285. At the end of 2022 the company had a P/E ratio of 14.1.
P/E ratio history for SG Holdings from 2020 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.1 | -35.12% |
| 2021 | 21.7 | 28.09% |
| 2020 | 17.0 | -27.81% |
| 2019 | 23.5 | 16.68% |
| 2018 | 20.1 |
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.