P/E ratio for Starbreeze (STAR-B.ST)
P/E ratio as of April 2024 (TTM): -10.7
According to Starbreeze's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.7057. At the end of 2022 the company had a P/E ratio of -23.0.
P/E ratio history for Starbreeze from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -23.0 | 179.08% |
| 2021 | -8.25 | 110.37% |
| 2020 | -3.92 | 72.48% |
| 2019 | -2.27 | 574.65% |
| 2018 | -0.3370 | -98.73% |
| 2017 | -26.6 | -117.09% |
| 2016 | 155 | 40.6% |
| 2015 | 111 | -83.58% |
| 2014 | 673 | 4644.31% |
| 2013 | 14.2 | -338.53% |
| 2012 | -5.95 | -34.23% |
| 2011 | -9.04 | -57.46% |
| 2010 | -21.3 | -95.32% |
| 2009 | -455 | -1126.65% |
| 2008 | 44.3 |
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.