P/E ratio for SimCorp (SIM.CO)
P/E ratio as of April 2024 (TTM): 38.6
According to SimCorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 38.6293. At the end of 2022 the company had a P/E ratio of 25.7.
P/E ratio history for SimCorp from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 25.7 | -24.3% |
| 2021 | 34.0 | -40.53% |
| 2020 | 57.1 | 37.1% |
| 2019 | 41.7 | 35.31% |
| 2018 | 30.8 | 7.26% |
| 2017 | 28.7 | -17.34% |
| 2016 | 34.7 | -10.6% |
| 2015 | 38.9 | 90.15% |
| 2014 | 20.4 | -34.67% |
| 2013 | 31.3 | 44.4% |
| 2012 | 21.7 | -18.23% |
| 2011 | 26.5 | 16.75% |
| 2010 | 22.7 | 49.88% |
| 2009 | 15.1 |
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.