SG Fleet Group
SGF.AX
#5910
Rank
NZ$1.30 B
Marketcap
$3.73
Share price
0.00%
Change (1 day)
8.02%
Change (1 year)

P/E ratio for SG Fleet Group (SGF.AX)

P/E ratio at the end of 2023: 9.23

According to SG Fleet Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.2709. At the end of 2023 the company had a P/E ratio of 9.23.

P/E ratio history for SG Fleet Group from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20239.23-11.84%
202210.5-29.12%
202114.846.29%
202010.1-9.83%
201911.2-1.51%
201811.4-8.93%
201712.5-18.24%
201615.330.26%
201511.7-7.72%
201412.7

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.