P/E ratio for The Star Entertainment Group (SGR.AX)
P/E ratio at the end of 2024: -0.7292
According to The Star Entertainment Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.168071. At the end of 2024 the company had a P/E ratio of -0.7292.
P/E ratio history for The Star Entertainment Group from 2011 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | -0.7292 | 38.62% |
| 2023 | -0.5261 | -95.88% |
| 2022 | -12.8 | -124.47% |
| 2021 | 52.1 | -307.44% |
| 2020 | -25.1 | -239.19% |
| 2019 | 18.1 | -27.77% |
| 2018 | 25.0 | 84.77% |
| 2017 | 13.5 | -33.32% |
| 2016 | 20.3 | 12.52% |
| 2015 | 18.0 | 6.35% |
| 2014 | 17.0 | -21.71% |
| 2013 | 21.7 | -53.45% |
| 2012 | 46.5 | 514.79% |
| 2011 | 7.57 |
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.