P/E ratio for SPIE (SPIE.PA)
P/E ratio as of April 2024 (TTM): 118
According to SPIE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 118.287. At the end of 2022 the company had a P/E ratio of 26.2.
P/E ratio history for SPIE from 2015 to 2015
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 26.2 | 21.56% |
| 2021 | 21.5 | -58.82% |
| 2020 | 52.3 | 179.17% |
| 2019 | 18.7 | -2.14% |
| 2018 | 19.2 | -36.47% |
| 2017 | 30.1 | 79.23% |
| 2016 | 16.8 | -64.11% |
| 2015 | 46.9 |
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.