P/E ratio for Singapore Land (U06.SI)
P/E ratio as of April 2024 (TTM): 8.47
According to Singapore Land's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.46578. At the end of 2018 the company had a P/E ratio of 12.4.
P/E ratio history for Singapore Land from 2009 to 2019
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2018 | 12.4 | -21.63% |
| 2017 | 15.8 | 2608.28% |
| 2016 | 0.5820 | -96.25% |
| 2015 | 15.5 | 32.99% |
| 2014 | 11.7 | -10.24% |
| 2013 | 13.0 | 29.46% |
| 2012 | 10.0 | -48.45% |
| 2011 | 19.5 | 328.06% |
| 2010 | 4.55 | -98.15% |
| 2009 | 245 |
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.