P/E ratio for Ströer (SAX.F)
P/E ratio as of May 2024 (TTM): 30.4
According to Ströer's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.3727. At the end of 2022 the company had a P/E ratio of 17.2.
P/E ratio history for Ströer from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.2 | -47.36% |
| 2021 | 32.7 | -74.45% |
| 2020 | 128 | 73.08% |
| 2019 | 73.9 | -148.65% |
| 2018 | -152 | -522.87% |
| 2017 | 35.9 | 2.71% |
| 2016 | 35.0 | -28.36% |
| 2015 | 48.8 | -14.94% |
| 2014 | 57.4 | -64.34% |
| 2013 | 161 | -242.46% |
| 2012 | -113 | -27.31% |
| 2011 | -155 | -1420.12% |
| 2010 | 11.8 |
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.