StarragTornos Group
STGN.SW
#7809
Rank
โ‚ฌ0.22 B
Marketcap
40,83ย โ‚ฌ
Share price
8.78%
Change (1 day)
-21.71%
Change (1 year)

P/E ratio for StarragTornos Group (STGN.SW)

P/E ratio at the end of 2023: 6.77

According to StarragTornos Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.41304. At the end of 2023 the company had a P/E ratio of 6.77.

P/E ratio history for StarragTornos Group from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20236.77-59.37%
202216.7-153.82%
2021-31.0-85.46%
2020-213-921%
201925.930.43%
201819.9-4.66%
201720.9-41.04%
201635.484.82%
201519.19.23%
201417.5-11.58%
201319.813.44%
201217.513%
201115.5-32.05%
201022.857.18%
200914.5127.07%
20086.37-54.46%
200714.0-36.6%
200622.1

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.