Steel & Tube Holdings
STU.NZ
#8546
Rank
โ‚น12.79 B
Marketcap
โ‚น38.17
Share price
1.30%
Change (1 day)
-27.37%
Change (1 year)

P/E ratio for Steel & Tube Holdings (STU.NZ)

P/E ratio at the end of 2023: 9.71

According to Steel & Tube Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.05881. At the end of 2023 the company had a P/E ratio of 9.71.

P/E ratio history for Steel & Tube Holdings from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20239.7154.06%
20226.30-33.39%
20219.46-730.39%
2020-1.50-112.45%
201912.1-454.81%
2018-3.40-138.92%
20178.7366.94%
20165.23-44.42%
20159.41-3.72%
20149.77-1.62%
20139.931%
20129.835.52%
20119.32-68.57%
201029.6249.02%
20098.4912.9%
20087.52-29.5%
200710.7-13.17%
200612.333.69%
20059.19-20.56%
200411.6-20.38%
200314.5-12.31%
200216.67.28%
200115.4

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.