P/E ratio for SÜSS MicroTec (SMHN.DE)
P/E ratio as of May 2024 (TTM): 43.2
According to SÜSS MicroTec's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 43.2112. At the end of 2022 the company had a P/E ratio of 11.9.
P/E ratio history for SÜSS MicroTec from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.9 | -52.31% |
| 2021 | 25.0 | -14.02% |
| 2020 | 29.1 | -305.96% |
| 2019 | -14.1 | -141.62% |
| 2018 | 33.9 | -28.65% |
| 2017 | 47.5 | 93.14% |
| 2016 | 24.6 | -97.05% |
| 2015 | 834 | 4161.28% |
| 2014 | 19.6 | -354.49% |
| 2013 | -7.70 | -141.74% |
| 2012 | 18.4 | 136% |
| 2011 | 7.81 | -37.57% |
| 2010 | 12.5 | -178.74% |
| 2009 | -15.9 |
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.