P/E ratio for Sparkassen Immobilien (T1L.F)
P/E ratio as of April 2024 (TTM): -16.8
According to Sparkassen Immobilien's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -16.7598. At the end of 2022 the company had a P/E ratio of 30.3.
P/E ratio history for Sparkassen Immobilien from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 30.3 | 353.8% |
| 2021 | 6.68 | -69.55% |
| 2020 | 21.9 | 210.71% |
| 2019 | 7.06 | 53.05% |
| 2018 | 4.61 | -44.57% |
| 2017 | 8.32 | 152.71% |
| 2016 | 3.29 | -50.75% |
| 2015 | 6.68 | -48.84% |
| 2014 | 13.1 | 4.22% |
| 2013 | 12.5 | -6.3% |
| 2012 | 13.4 | -9.04% |
| 2011 | 14.7 | -90.7% |
| 2010 | 158 | -3864.77% |
| 2009 | -4.20 |
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.