P/E ratio for Söktas Tekstil (SKTAS.IS)
P/E ratio as of April 2025 (TTM): -2.96
According to Söktas Tekstil's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.95611. At the end of 2022 the company had a P/E ratio of -9.30.
P/E ratio history for Söktas Tekstil from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -9.30 | -47.13% |
| 2021 | -17.6 | 249.91% |
| 2020 | -5.03 | -32.05% |
| 2019 | -7.40 | 1006.19% |
| 2018 | -0.6690 | -51.63% |
| 2017 | -1.38 | -39.73% |
| 2016 | -2.29 | -13.35% |
| 2015 | -2.65 | -2.1% |
| 2014 | -2.71 | 100.33% |
| 2013 | -1.35 | -56.14% |
| 2012 | -3.08 | -135.96% |
| 2011 | 8.56 |
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.