P/E ratio for Spectris (SXS.L)
P/E ratio at the end of 2022: 8.71
According to Spectris's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 8.71.
P/E ratio history for Spectris from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.71 | -25.4% |
| 2021 | 11.7 | -106.1% |
| 2020 | -191 | -1419.16% |
| 2019 | 14.5 | -2.08% |
| 2018 | 14.8 | 20.95% |
| 2017 | 12.2 | -95.71% |
| 2016 | 286 | 1598.13% |
| 2015 | 16.8 | 8.94% |
| 2014 | 15.4 | 28.85% |
| 2013 | 12.0 | -15.34% |
| 2012 | 14.2 | 41.18% |
| 2011 | 10.0 | -25.48% |
| 2010 | 13.5 | -15.92% |
| 2009 | 16.0 | 136.95% |
| 2008 | 6.75 | 5.49% |
| 2007 | 6.40 | -39.55% |
| 2006 | 10.6 | -36.89% |
| 2005 | 16.8 | 24.41% |
| 2004 | 13.5 | -6.99% |
| 2003 | 14.5 | -35.38% |
| 2002 | 22.4 | 70.4% |
| 2001 | 13.2 |
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.