P/E ratio for Sylogist (SYZ.TO)
P/E ratio as of April 2024 (TTM): 118
According to Sylogist's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 118.33. At the end of 2021 the company had a P/E ratio of 144.
P/E ratio history for Sylogist from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 144 | 423.86% |
| 2020 | 27.4 | -83.28% |
| 2019 | 164 | 648% |
| 2018 | 21.9 | -12.91% |
| 2017 | 25.2 | -32.09% |
| 2016 | 37.1 | -29.36% |
| 2015 | 52.5 | -94.69% |
| 2014 | 990 | 4042.86% |
| 2013 | 23.9 | -25.95% |
| 2012 | 32.3 | 79.29% |
| 2011 | 18.0 | 8.15% |
| 2010 | 16.6 | 88.14% |
| 2009 | 8.85 | -605.49% |
| 2008 | -1.75 | -75.18% |
| 2007 | -7.05 | -28.6% |
| 2006 | -9.88 | -176.81% |
| 2005 | 12.9 | 92.86% |
| 2004 | 6.67 |
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.