Sixt
SIX2.F
#3520
Rank
HK$24.45 B
Marketcap
HK$574.94
Share price
-1.82%
Change (1 day)
-27.54%
Change (1 year)

P/E ratio for Sixt (SIX2.F)

P/E ratio as of November 2024 (TTM): 9.72

According to Sixt's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.72479. At the end of 2022 the company had a P/E ratio of 10.6.

P/E ratio history for Sixt from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.6-54.53%
202123.3-116.7%
2020-139-776.07%
201920.6167.86%
20187.70-57.56%
201718.16.68%
201617.0-15.81%
201520.243.86%
201414.018.66%
201311.821.31%
20129.7522.97%
20117.93-40.65%
201013.4-76.02%
200955.7

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.