According to Sixt's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.6118. At the end of 2022 the company had a P/E ratio of 10.6.
Year | P/E ratio | Change |
---|---|---|
2022 | 10.6 | -54.53% |
2021 | 23.3 | -116.7% |
2020 | -139 | -776.07% |
2019 | 20.6 | 167.86% |
2018 | 7.70 | -57.56% |
2017 | 18.1 | 6.68% |
2016 | 17.0 | -15.81% |
2015 | 20.2 | 43.86% |
2014 | 14.0 | 18.66% |
2013 | 11.8 | 21.31% |
2012 | 9.75 | 22.97% |
2011 | 7.93 | -40.65% |
2010 | 13.4 | -76.02% |
2009 | 55.7 |
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.