P/E ratio for StarragTornos Group (STGN.SW)
P/E ratio at the end of 2023: 6.55
According to StarragTornos Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.22626. At the end of 2023 the company had a P/E ratio of 6.55.
P/E ratio history for StarragTornos Group from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 6.55 | -59.37% |
| 2022 | 16.1 | -153.82% |
| 2021 | -29.9 | -85.46% |
| 2020 | -206 | -921% |
| 2019 | 25.1 | 30.43% |
| 2018 | 19.2 | -4.66% |
| 2017 | 20.2 | -41.04% |
| 2016 | 34.2 | 84.82% |
| 2015 | 18.5 | 9.23% |
| 2014 | 16.9 | -11.58% |
| 2013 | 19.2 | 13.44% |
| 2012 | 16.9 | 13% |
| 2011 | 14.9 | -32.05% |
| 2010 | 22.0 | 57.18% |
| 2009 | 14.0 | 127.07% |
| 2008 | 6.16 | -54.46% |
| 2007 | 13.5 | -36.6% |
| 2006 | 21.3 |
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.