P/E ratio for Softstar Entertainment (6111.TWO)
P/E ratio as of April 2024 (TTM): 14.0
According to Softstar Entertainment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.9943. At the end of 2022 the company had a P/E ratio of 9.07.
P/E ratio history for Softstar Entertainment from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.07 | 2.2% |
| 2021 | 8.87 | -89.11% |
| 2020 | 81.4 | 365.57% |
| 2019 | 17.5 | -73.99% |
| 2018 | 67.3 | -84.43% |
| 2017 | 432 | -1113.14% |
| 2016 | -42.6 | -215.09% |
| 2015 | 37.0 | -142.65% |
| 2014 | -86.9 | 234.99% |
| 2013 | -25.9 | 286.01% |
| 2012 | -6.72 | -38.51% |
| 2011 | -10.9 | -5.41% |
| 2010 | -11.5 |
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.