P/E ratio for Solaria Energía (SLR.MC)
P/E ratio as of April 2024 (TTM): 13.5
According to Solaria Energía's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.4962. At the end of 2022 the company had a P/E ratio of 23.8.
P/E ratio history for Solaria Energía from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 23.8 | -46.66% |
| 2021 | 44.5 | -54.15% |
| 2020 | 97.1 | 172.86% |
| 2019 | 35.6 | 66.07% |
| 2018 | 21.4 | 131.5% |
| 2017 | 9.26 | 1.56% |
| 2016 | 9.12 | -20.38% |
| 2015 | 11.4 | -0.57% |
| 2014 | 11.5 | -1297.38% |
| 2013 | -0.9617 | -66.25% |
| 2012 | -2.85 | 189.6% |
| 2011 | -0.9839 | -104.43% |
| 2010 | 22.2 |
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.