Sovereign Metals
SVM.AX
#7671
Rank
HK$2.13 B
Marketcap
HK$3.55
Share price
0.69%
Change (1 day)
46.73%
Change (1 year)

P/E ratio for Sovereign Metals (SVM.AX)

P/E ratio at the end of 2024: -18.9

According to Sovereign Metals's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -20.3156. At the end of 2024 the company had a P/E ratio of -18.9.

P/E ratio history for Sovereign Metals from 2007 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-18.9-44.5%
2023-34.0156.43%
2022-13.3-67.19%
2021-40.582.16%
2020-22.2352.44%
2019-4.9134.74%
2018-3.64-40.52%
2017-6.1329.79%
2016-4.72273.31%
2015-1.26-83.5%
2014-7.66356.75%
2013-1.68-74.27%
2012-6.52-27.41%
2011-8.98210.13%
2010-2.90373.45%
2009-0.6119-63.25%
2008-1.67-84.19%
2007-10.5

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.