P/E ratio for SUNeVision (1686.HK)
P/E ratio as of April 2024 (TTM): 13.0
According to SUNeVision's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.0029. At the end of 2016 the company had a P/E ratio of 23.5.
P/E ratio history for SUNeVision from 2011 to 2017
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2016 | 23.5 | 33.49% |
| 2015 | 17.6 | 9.16% |
| 2014 | 16.1 | 1.81% |
| 2013 | 15.8 | 18.27% |
| 2012 | 13.4 |
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.