Synlait Milk
SML.NZ
#5569
Rank
$0.39 B
Marketcap
$1.80
Share price
1.40%
Change (1 day)
-20.35%
Change (1 year)

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

P/E ratio at the end of 2022: 16.1

According to Synlait Milk's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.2693. At the end of 2022 the company had a P/E ratio of 16.1.

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

PE ratio at the end of each year

Year P/E ratio Change
202216.1-174.24%
2021-21.7-256.31%
202013.9-24.62%
201918.4-13.45%
201821.342.35%
201715.031.02%
201611.4-59.47%
201528.266.6%
201416.980.03%
20139.40

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.