P/E ratio for Sixt (SIX2.F)
P/E ratio as of April 2024 (TTM): 12.8
According to Sixt's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.8104. At the end of 2022 the company had a P/E ratio of 10.6.
P/E ratio history for Sixt from 2009 to 2023
PE ratio at the end of each year
| 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 |
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.