Smart Parking Limited
SPZ.AX
#8351
Rank
S$0.24 B
Marketcap
$0.71
Share price
-4.55%
Change (1 day)
142.15%
Change (1 year)

P/E ratio for Smart Parking Limited (SPZ.AX)

P/E ratio at the end of 2023: 12.9

According to Smart Parking Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 42.9453. At the end of 2023 the company had a P/E ratio of 12.9.

P/E ratio history for Smart Parking Limited from 2007 to 2023

2008201220162020-40-20204060800companiesmarketcap.com

PE ratio at the end of each year

Year P/E ratio Change
202312.9-79.71%
202263.7445.24%
202111.7-365.7%
2020-4.40-31.4%
2019-6.41-119.47%
201832.9-163.19%
2017-52.118.03%
2016-44.2975.84%
2015-4.1132.93%
2014-3.097.19%
2013-2.8857.84%
2012-1.83-81.68%
2011-9.96-518.21%
20102.38-183.1%
2009-2.87701.31%
2008-0.3578-2.78%
2007-0.3680

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.