P/E ratio for SMA Solar Technology (S92.F)
P/E ratio as of April 2024 (TTM): 10.5
According to SMA Solar Technology 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.5041. At the end of 2022 the company had a P/E ratio of 41.9.
P/E ratio history for SMA Solar Technology from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 41.9 | -175.5% |
| 2021 | -55.5 | -179.14% |
| 2020 | 70.1 | -148.92% |
| 2019 | -143 | 4311.6% |
| 2018 | -3.25 | -107.84% |
| 2017 | 41.4 | 40.99% |
| 2016 | 29.4 | -77.55% |
| 2015 | 131 | -4578.44% |
| 2014 | -2.92 | -75.54% |
| 2013 | -12.0 | -236.87% |
| 2012 | 8.73 | -1.34% |
| 2011 | 8.85 | 33.83% |
| 2010 | 6.61 | -66.82% |
| 2009 | 19.9 |
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.