P/E ratio for Symrise (SY1.DE)
P/E ratio as of April 2024 (TTM): 74.6
According to Symrise's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 74.625. At the end of 2016 the company had a P/E ratio of 29.2.
P/E ratio history for Symrise from 2009 to 2018
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2016 | 29.2 | -9.52% |
| 2015 | 32.3 | -4.7% |
| 2014 | 33.9 | 47.62% |
| 2013 | 22.9 | 10.45% |
| 2012 | 20.8 | 24.93% |
| 2011 | 16.6 | -10.88% |
| 2010 | 18.7 | 38.26% |
| 2009 | 13.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Symrise SY1.DE | 74.6 | 0.00% | 🇩🇪 Germany |
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.