Signify
LIGHT.AS
#3708
Rank
HK$21.48 B
Marketcap
HK$170.27
Share price
0.48%
Change (1 day)
-35.59%
Change (1 year)

P/E ratio for Signify (LIGHT.AS)

P/E ratio as of December 2024 (TTM): 11.2

According to Signify's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.2377. At the end of 2022 the company had a P/E ratio of 7.51.

P/E ratio history for Signify from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.51-41.46%
202112.8-4.18%
202013.4-0.08%
201913.428.25%
201810.4-30.2%
201715.0-18.79%
201618.4

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.