P/E ratio for SRP Groupe (Showroomprive.com) (SRP.PA)
P/E ratio at the end of 2022: 561
According to SRP Groupe (Showroomprive.com)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 561.
P/E ratio history for SRP Groupe (Showroomprive.com) from 2015 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 561 | 5982.7% |
| 2021 | 9.22 | -39.03% |
| 2020 | 15.1 | -1754.61% |
| 2019 | -0.9137 | -96.84% |
| 2018 | -28.9 | -59.79% |
| 2017 | -71.9 | -98.8% |
| 2016 | < -1000 | -2654.42% |
| 2015 | 234 |
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.