P/E ratio for Sipef (SIP.BR)
P/E ratio at the end of 2023: 7.58
According to Sipef's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.60248. At the end of 2023 the company had a P/E ratio of 7.58.
P/E ratio history for Sipef from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 7.58 | 33.88% |
| 2022 | 5.66 | -11.35% |
| 2021 | 6.39 | -79.84% |
| 2020 | 31.7 | -144.61% |
| 2019 | -71.0 | -517.11% |
| 2018 | 17.0 | 285.37% |
| 2017 | 4.42 | -67.12% |
| 2016 | 13.4 | -46.08% |
| 2015 | 24.9 | 191.01% |
| 2014 | 8.57 | -6.76% |
| 2013 | 9.19 | 16.5% |
| 2012 | 7.89 | 44.52% |
| 2011 | 5.46 | -27.45% |
| 2010 | 7.52 | 42.81% |
| 2009 | 5.27 | 93.01% |
| 2008 | 2.73 | -62.84% |
| 2007 | 7.34 | -26.01% |
| 2006 | 9.92 | -7.08% |
| 2005 | 10.7 | 263.53% |
| 2004 | 2.94 | -62.82% |
| 2003 | 7.90 | 6.92% |
| 2002 | 7.39 |
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.