Solvac
SOLV.BR
#4145
Rank
HK$17.19 B
Marketcap
HK$804.60
Share price
0.40%
Change (1 day)
-15.42%
Change (1 year)

P/E ratio for Solvac (SOLV.BR)

P/E ratio at the end of 2022: 3.39

According to Solvac's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.46635. At the end of 2022 the company had a P/E ratio of 3.39.

P/E ratio history for Solvac from 2005 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20223.39-52.15%
20217.09-212.67%
2020-6.29-108.67%
201972.6837.64%
20187.7411.84%
20176.92-43.25%
201612.24.15%
201511.7-84.82%
201477.2346.93%
201317.3118.47%
20127.90-40.9%
201113.4577.81%
20101.97-64.99%
20095.64-5.46%
20085.9613.59%
20075.25-3.38%
20065.4317.85%
20054.61

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.