Steadfast Group
SDF.AX
#2765
Rank
$4.81 B
Marketcap
$4.33
Share price
-0.47%
Change (1 day)
11.01%
Change (1 year)

P/E ratio for Steadfast Group (SDF.AX)

P/E ratio at the end of 2022: 27.4

According to Steadfast Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.1469. At the end of 2022 the company had a P/E ratio of 27.4.

P/E ratio history for Steadfast Group from 2014 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202227.417.51%
202123.4-146.43%
2020-50.3-304.82%
201924.6-4.4%
201825.7-2.22%
201726.347.89%
201617.8-5.88%
201518.99.53%
201417.2

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.