P/E ratio for STEICO SE (ST5.DE)
P/E ratio at the end of 2022: 12.7
According to STEICO SE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 12.7.
P/E ratio history for STEICO SE from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.7 | -61.37% |
| 2021 | 32.9 | -9.75% |
| 2020 | 36.4 | 115.06% |
| 2019 | 16.9 | 1.21% |
| 2018 | 16.7 | -11.97% |
| 2017 | 19.0 | 33.3% |
| 2016 | 14.3 | 9.57% |
| 2015 | 13.0 | 1.53% |
| 2014 | 12.8 | -28.89% |
| 2013 | 18.0 | -16.16% |
| 2012 | 21.5 | 107.02% |
| 2011 | 10.4 | -46.45% |
| 2010 | 19.4 | -0.37% |
| 2009 | 19.5 |
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.