P/E ratio for Solar Integrated Roofing (SIRC)
P/E ratio as of April 2024 (TTM): 0.0357
According to Solar Integrated Roofing 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.0356506. At the end of 2010 the company had a P/E ratio of -0.0009.
P/E ratio history for Solar Integrated Roofing from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2010 | -0.0009 | 122.22% |
| 2009 | -0.0004 | -49.6% |
| 2008 | -0.0008 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Solar Integrated Roofing SIRC | 0.0357 | 0.00% | 🇺🇸 USA |
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.