Sinch
SINCH.ST
#4833
Rank
HK$11.70 B
Marketcap
HK$13.86
Share price
-0.46%
Change (1 day)
-32.39%
Change (1 year)

P/E ratio for Sinch (SINCH.ST)

P/E ratio as of November 2024 (TTM): -3.27

According to Sinch 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.2701. At the end of 2022 the company had a P/E ratio of -6.54.

P/E ratio history for Sinch from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-6.54-107.49%
202187.2-49.31%
2020172206.81%
201956.1116.89%
201825.9-7.33%
201727.9
201555.6

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.