Smart Parking Limited
SPZ.AX
#8141
Rank
C$0.27 B
Marketcap
$0.68
Share price
0.66%
Change (1 day)
89.94%
Change (1 year)

P/E ratio for Smart Parking Limited (SPZ.AX)

P/E ratio at the end of 2023: 12.5

According to Smart Parking Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.4625. At the end of 2023 the company had a P/E ratio of 12.5.

P/E ratio history for Smart Parking Limited from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202312.5-79.71%
202261.4445.24%
202111.3-365.7%
2020-4.24-31.4%
2019-6.18-119.47%
201831.7-163.19%
2017-50.218.03%
2016-42.5975.84%
2015-3.9532.93%
2014-2.977.19%
2013-2.7757.84%
2012-1.76-81.68%
2011-9.59-518.21%
20102.29-183.1%
2009-2.76701.31%
2008-0.3445-2.78%
2007-0.3544

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.