Salcef Group
SCF.MI
#4617
Rank
โ‚น141.14 B
Marketcap
โ‚น2,316
Share price
0.00%
Change (1 day)
7.33%
Change (1 year)

P/E ratio for Salcef Group (SCF.MI)

P/E ratio as of November 2024 (TTM): 37.5

According to Salcef Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.5446. At the end of 2023 the company had a P/E ratio of 24.4.

P/E ratio history for Salcef Group from 2022 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202324.42.28%
202223.9-26.58%
202132.5181.76%
202011.52.53%
201911.3

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.