P/E ratio for Sime Darby (4197.KL)
P/E ratio as of April 2024 (TTM): 16.0
According to Sime Darby 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.9959. At the end of 2022 the company had a P/E ratio of 14.7.
P/E ratio history for Sime Darby from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.7 | 29.01% |
| 2021 | 11.4 | -34.7% |
| 2020 | 17.4 | 6.31% |
| 2019 | 16.4 | 88.8% |
| 2018 | 8.69 | -10.82% |
| 2017 | 9.74 | 34.58% |
| 2016 | 7.24 | -9.62% |
| 2015 | 8.01 | 23.43% |
| 2014 | 6.49 | 11.65% |
| 2013 | 5.81 | 9.84% |
| 2012 | 5.29 | -6.83% |
| 2011 | 5.68 | -77.08% |
| 2010 | 24.8 | 256.99% |
| 2009 | 6.94 | 21.1% |
| 2008 | 5.73 | -29.41% |
| 2007 | 8.12 | 80.57% |
| 2006 | 4.50 | -30.05% |
| 2005 | 6.43 |
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.