Shikun & Binui
SKBN.TA
#4736
Rank
$1.35 B
Marketcap
$2.48
Share price
-2.57%
Change (1 day)
20.39%
Change (1 year)

P/E ratio for Shikun & Binui (SKBN.TA)

P/E ratio as of March 2024 (TTM): -13.4

According to Shikun & Binui 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -13.3524. At the end of 2022 the company had a P/E ratio of 70.3.

P/E ratio history for Shikun & Binui from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202270.3-38.11%
202111488.92%
202060.1170.18%
201922.2331.81%
20185.15-63.54%
201714.1109.6%
20166.7415.16%
20155.85-21.49%
20147.46-24.46%
20139.8742.29%
20126.94

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.