Sipef
SIP.BR
#6373
Rank
C$0.85 B
Marketcap
$82.31
Share price
-1.05%
Change (1 day)
7.16%
Change (1 year)

P/E ratio for Sipef (SIP.BR)

P/E ratio at the end of 2023: 7.58

According to Sipef's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.61963. At the end of 2023 the company had a P/E ratio of 7.58.

P/E ratio history for Sipef from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20237.5833.88%
20225.66-11.35%
20216.39-79.84%
202031.7-144.61%
2019-71.0-517.11%
201817.0285.37%
20174.42-67.12%
201613.4-46.08%
201524.9191.01%
20148.57-6.76%
20139.1916.5%
20127.8944.52%
20115.46-27.45%
20107.5242.81%
20095.2793.01%
20082.73-62.84%
20077.34-26.01%
20069.92-7.08%
200510.7263.53%
20042.94-62.82%
20037.906.92%
20027.39

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.