Solvay
SOLB.VI
#3366
Rank
$3.34 B
Marketcap
$31.45
Share price
-0.82%
Change (1 day)
5.48%
Change (1 year)

P/E ratio for Solvay (SOLB.VI)

P/E ratio as of December 2024 (TTM): 2.39

According to Solvay's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.3908. At the end of 2022 the company had a P/E ratio of 0.9813.

P/E ratio history for Solvay from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20220.9813-53.54%
20212.11-207.18%
2020-1.97-111.51%
201917.1787.86%
20181.93-9.42%
20172.13

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.