Service Stream Limited
SSM.AX
#6447
Rank
NZ$1.05 B
Marketcap
$1.72
Share price
-0.32%
Change (1 day)
74.60%
Change (1 year)

P/E ratio for Service Stream Limited (SSM.AX)

P/E ratio at the end of 2023: 107

According to Service Stream Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 204.473. At the end of 2023 the company had a P/E ratio of 107.

P/E ratio history for Service Stream Limited from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023107-918.17%
2022-13.1-227.47%
202110.3-27.42%
202014.2-26.75%
201919.368.61%
201811.5-17.85%
201714.010.95%
201612.664.59%
20157.65-55.8%
201417.3-6818.25%
2013-0.2576-107.83%
20123.29-33.79%
20114.97-126.59%
2010-18.7-458.59%
20095.21-12.4%
20085.95-55.04%
200713.2113.43%
20066.20-19.4%
20057.69

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.