Summerset Holdings
SUM.NZ
#4283
Rank
$1.31 B
Marketcap
$5.64
Share price
3.78%
Change (1 day)
-36.34%
Change (1 year)

P/E ratio for Summerset Holdings (SUM.NZ)

P/E ratio at the end of 2021: 4.71

According to Summerset Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.46678. At the end of 2021 the company had a P/E ratio of 4.71.

P/E ratio history for Summerset Holdings from 2011 to 2021

PE ratio at the end of each year

Year P/E ratio Change
20214.71-50.27%
20209.48-0.96%
20199.5771.91%
20185.5731.51%
20174.23-25%
20165.64-32.81%
20158.404.55%
20148.03-42.49%
201314.0-35.62%
201221.7-46.15%
201140.3

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.