Solvar Limited
SVR.AX
#8140
Rank
A$0.25 B
Marketcap
$1.26
Share price
-4.55%
Change (1 day)
21.44%
Change (1 year)

P/E ratio for Solvar Limited (SVR.AX)

P/E ratio at the end of 2023: 6.95

According to Solvar Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.54881. At the end of 2023 the company had a P/E ratio of 6.95.

P/E ratio history for Solvar Limited from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20236.95-8.98%
20227.64-46.31%
202114.227.31%
202011.2-8.46%
201912.239.6%
20188.7446.55%
20175.97-16.67%
20167.16-15.3%
20158.45-9.33%
20149.321.82%
20139.16128.2%
20124.019.89%
20113.65-24.19%
20104.82-47.12%
20099.1115.4%
20087.89-46.48%
200714.7

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.