P/E ratio for Singapore Exchange (S68.SI)
P/E ratio as of April 2024 (TTM): 21.6
According to Singapore Exchange's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.5962. At the end of 2019 the company had a P/E ratio of 22.8.
P/E ratio history for Singapore Exchange from 2010 to 2020
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2019 | 22.8 | 10.54% |
| 2018 | 20.6 | -9.99% |
| 2017 | 22.9 | 0.71% |
| 2016 | 22.7 | 1.25% |
| 2015 | 22.4 | -14.34% |
| 2014 | 26.2 | 18.73% |
| 2013 | 22.1 | -14.67% |
| 2012 | 25.9 | 18.36% |
| 2011 | 21.9 | -26.29% |
| 2010 | 29.6 |
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.