Southern Cross Electrical Engineering
SXE.AX
#7818
Rank
A$0.40 B
Marketcap
$1.54
Share price
-4.64%
Change (1 day)
72.91%
Change (1 year)

P/E ratio for Southern Cross Electrical Engineering (SXE.AX)

P/E ratio at the end of 2023: 8.30

According to Southern Cross Electrical Engineering's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.0128. At the end of 2023 the company had a P/E ratio of 8.30.

P/E ratio history for Southern Cross Electrical Engineering from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20238.30-3.93%
20228.643.87%
20218.32-4.89%
20208.751.87%
20198.59-42.92%
201815.0-107.27%
2017-207-1521.64%
201614.6-467.4%
2015-3.96-158.91%
20146.7326.11%
20135.33-38.66%
20128.70-122.46%
2011-38.7-443.11%
201011.399.87%
20095.65-28.95%
20087.95

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.