Sidetrade
ALBFR.PA
#7342
Rank
โ‚ฌ0.29 B
Marketcap
210,00ย โ‚ฌ
Share price
-1.41%
Change (1 day)
29.23%
Change (1 year)

P/E ratio for Sidetrade (ALBFR.PA)

P/E ratio at the end of 2023: 41.8

According to Sidetrade's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 56.8683. At the end of 2023 the company had a P/E ratio of 41.8.

P/E ratio history for Sidetrade from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202341.8-36.46%
202265.832.4%
202149.715.65%
202042.91.54%
201942.337.07%
201830.9-27.24%
201742.418.21%
201635.950.91%
201523.84.33%
201422.849.36%
201315.311.54%
201213.7-19.6%
201117.08.46%
201015.7-1.7%
200916.07.71%
200814.8

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.