Service Stream Limited
SSM.AX
#6245
Rank
โ‚ฌ0.62 B
Marketcap
1,02ย โ‚ฌ
Share price
0.31%
Change (1 day)
89.05%
Change (1 year)

P/E ratio for Service Stream Limited (SSM.AX)

P/E ratio at the end of 2023: 169

According to Service Stream Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 224.649. At the end of 2023 the company had a P/E ratio of 169.

P/E ratio history for Service Stream Limited from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023169-918.17%
2022-20.6-227.47%
202116.2-27.42%
202022.3-26.75%
201930.568.61%
201818.1-17.85%
201722.010.95%
201619.864.59%
201512.0-55.8%
201427.2-6818.25%
2013-0.4055-107.83%
20125.18-33.79%
20117.82-126.59%
2010-29.4-458.59%
20098.20-12.4%
20089.36-55.04%
200720.8113.43%
20069.76-19.4%
200512.1

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.