P/E ratio for Superior Resources (SPQ.AX)
P/E ratio at the end of 2022: -90.0
According to Superior Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of -90.0.
P/E ratio history for Superior Resources from 2008 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -90.0 | 200% |
| 2021 | -30.0 | 260% |
| 2020 | -8.33 | 0% |
| 2019 | -8.33 | -57.14% |
| 2018 | -19.4 | 200.04% |
| 2017 | -6.48 | 227.28% |
| 2016 | -1.98 | -38.89% |
| 2015 | -3.24 | 52.3% |
| 2014 | -2.13 | -44.47% |
| 2013 | -3.83 | 0% |
| 2012 | -3.83 | -7.16% |
| 2011 | -4.13 | -86.79% |
| 2010 | -31.2 | 218.71% |
| 2009 | -9.80 | 11.5% |
| 2008 | -8.79 |
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.