P/E ratio for StorageVault Canada (SVI.TO)
P/E ratio as of May 2024 (TTM): 622
According to StorageVault Canada's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 622.208. At the end of 2022 the company had a P/E ratio of -55.2.
P/E ratio history for StorageVault Canada from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -55.2 | -25.7% |
| 2021 | -74.3 | 69.27% |
| 2020 | -43.9 | 51.51% |
| 2019 | -29.0 | -15.62% |
| 2018 | -34.3 | -45.15% |
| 2017 | -62.6 | 352.25% |
| 2016 | -13.8 | -14.37% |
| 2015 | -16.2 | 13.19% |
| 2014 | -14.3 | -2.04% |
| 2013 | -14.6 | 45.83% |
| 2012 | -10.0 | -60% |
| 2011 | -25.0 | 87.5% |
| 2010 | -13.3 | 95.56% |
| 2009 | -6.82 | 216.58% |
| 2008 | -2.15 |
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.