Strickland Metals Limited
STK.AX
#8704
Rank
โ‚น9.14 B
Marketcap
โ‚น4.14
Share price
-5.06%
Change (1 day)
-58.58%
Change (1 year)

P/E ratio for Strickland Metals Limited (STK.AX)

P/E ratio at the end of 2023: -22.1

According to Strickland Metals Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -43.0856. At the end of 2023 the company had a P/E ratio of -22.1.

P/E ratio history for Strickland Metals Limited from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-22.148.48%
2022-14.9243.69%
2021-4.34-17.13%
2020-5.24234.48%
2019-1.57-97.49%
2018-62.41535.26%
2017-3.81-64.66%
2016-10.81406.57%
2015-0.7163-84.66%
2014-4.67805.85%
2013-0.5154-68.78%
2012-1.65-78.87%
2011-7.8177.97%
2010-4.39107.75%
2009-2.11319.9%
2008-0.5033-95.13%
2007-10.3-45.46%
2006-19.0

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.