Reason: Take-Private Acquisition by Funds Managed by CSP Management Limited
Last recorded trade on: March 8, 2024
Source: https://www.prnewswire.com/news-releases/startek-announces-completion-of-take-private-acquisition-by-funds-managed-by-csp-management-limited-302027195.html
P/E ratio for StarTek (SRT)
P/E ratio on March 8, 2024 (TTM): 55.3
According to StarTek 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 55.25. At the end of 2022 the company had a P/E ratio of -75.0.
P/E ratio history for StarTek from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -75.0 | -145.78% |
| 2021 | 164 | -2300.33% |
| 2020 | -7.45 | -62.68% |
| 2019 | -20.0 | 329% |
| 2018 | -4.65 | -96.27% |
| 2017 | -125 | -132.41% |
| 2016 | 385 | -10948.41% |
| 2015 | -3.54 | -87.28% |
| 2014 | -27.9 | 80.28% |
| 2013 | -15.5 | 160.73% |
| 2012 | -5.93 | 427.83% |
| 2011 | -1.12 | -71.21% |
| 2010 | -3.90 | -115.64% |
| 2009 | 24.9 | -845.2% |
| 2008 | -3.35 | -93.53% |
| 2007 | -51.7 | -252.8% |
| 2006 | 33.9 | 65.49% |
| 2005 | 20.5 | 4.25% |
| 2004 | 19.6 | -25.44% |
| 2003 | 26.3 | 2.02% |
| 2002 | 25.8 | -52.36% |
| 2001 | 54.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 23.8 | -56.96% | 🇺🇸 USA |
 | N/A | N/A | 🇺🇸 USA |
 | 24.6 | -55.46% | 🇺🇸 USA |
 | 2.54 | -95.40% | 🇺🇸 USA |
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.