P/E ratio for Superior Plus (SPB.TO)
P/E ratio as of April 2024 (TTM): -27.8
According to Superior Plus's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -27.8066. At the end of 2022 the company had a P/E ratio of -20.8.
P/E ratio history for Superior Plus from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -20.8 | -248.77% |
| 2021 | 14.0 | -82.79% |
| 2020 | 81.2 | 430.13% |
| 2019 | 15.3 | -125.32% |
| 2018 | -60.5 | 1.94% |
| 2017 | -59.4 | -1063.56% |
| 2016 | 6.16 | -88.55% |
| 2015 | 53.8 | 101.92% |
| 2014 | 26.6 | -5.07% |
| 2013 | 28.1 | 116.54% |
| 2012 | 13.0 | -724.43% |
| 2011 | -2.08 | -86.7% |
| 2010 | -15.6 | -178.83% |
| 2009 | 19.8 | 39.34% |
| 2008 | 14.2 | 68.79% |
| 2007 | 8.42 | -174.66% |
| 2006 | -11.3 | -162.37% |
| 2005 | 18.1 | -6.66% |
| 2004 | 19.4 | -122.64% |
| 2003 | -85.5 | -665.01% |
| 2002 | 15.1 | -40.13% |
| 2001 | 25.3 |
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.