Synlait Milk
SML.NZ
#7574
Rank
$69.57 M
Marketcap
$0.32
Share price
0.00%
Change (1 day)
-76.12%
Change (1 year)

P/E ratio for Synlait Milk (SML.NZ)

P/E ratio at the end of 2022: 18.2

According to Synlait Milk'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 18.2.

P/E ratio history for Synlait Milk from 2013 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202218.2-167.05%
2021-27.1-262.8%
202016.6-23.72%
201921.8-16.06%
201826.029.17%
201720.137.03%
201614.7-55.9%
201533.329.66%
201425.791.23%
201313.4

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.