P/E ratio for Stoneridge (SRI)
P/E ratio as of September 2023 (TTM): -55.1
According to Stoneridge's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -55.1429. At the end of 2016 the company had a P/E ratio of 6.34.
P/E ratio history for Stoneridge from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2016 | 6.34 | -64.44% |
| 2015 | 17.8 | -342.65% |
| 2014 | -7.35 | -132.85% |
| 2013 | 22.4 | -8.25% |
| 2012 | 24.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Visteon VC | 29.1 | -152.73% | 🇺🇸 USA |
 Commercial Vehicle Group (CVG) CVGI | -25.5 | -53.70% | 🇺🇸 USA |
 American Axle & Manufacturing AXL | 19.6 | -135.61% | 🇺🇸 USA |
 Motorcar Parts of America MPAA | -27.1 | -50.91% | 🇺🇸 USA |
 Superior Industries International SUP | -3.42 | -93.80% | 🇺🇸 USA |
 Miller Industries MLR | 11.4 | -120.68% | 🇺🇸 USA |
 Meritor MTOR | N/A | N/A | 🇺🇸 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.