StarragTornos Group
STGN.SW
#7978
Rank
ยฃ0.19 B
Marketcap
ยฃ36.00
Share price
-1.95%
Change (1 day)
-13.31%
Change (1 year)

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

P/E ratio at the end of 2023: 6.33

According to StarragTornos Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.27333. At the end of 2023 the company had a P/E ratio of 6.33.

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

PE ratio at the end of each year

Year P/E ratio Change
20236.33-59.37%
202215.6-153.82%
2021-29.0-85.46%
2020-199-921%
201924.330.43%
201818.6-4.66%
201719.5-41.04%
201633.184.82%
201517.99.23%
201416.4-11.58%
201318.513.44%
201216.313%
201114.5-32.05%
201021.357.18%
200913.5127.07%
20085.96-54.46%
200713.1-36.6%
200620.7

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.