Solvac
SOLV.BR
#4005
Rank
HK$18.36 B
Marketcap
HK$858.97
Share price
0.00%
Change (1 day)
-3.63%
Change (1 year)

P/E ratio for Solvac (SOLV.BR)

P/E ratio at the end of 2022: 3.69

According to Solvac's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.7111. At the end of 2022 the company had a P/E ratio of 3.69.

P/E ratio history for Solvac from 2005 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20223.69-52.15%
20217.72-212.67%
2020-6.85-108.67%
201979.0837.64%
20188.4311.84%
20177.54-43.25%
201613.34.15%
201512.8-84.82%
201484.0346.93%
201318.8118.47%
20128.60-40.9%
201114.6577.81%
20102.15-64.99%
20096.14-5.46%
20086.4913.59%
20075.71-3.38%
20065.9117.85%
20055.02

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.