Smartbroker Holding
SB1.DE
#8390
Rank
NZ$0.28 B
Marketcap
$16.99
Share price
-0.22%
Change (1 day)
2.07%
Change (1 year)

P/E ratio for Smartbroker Holding (SB1.DE)

P/E ratio at the end of 2023: -22.2

According to Smartbroker Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -22.8017. At the end of 2023 the company had a P/E ratio of -22.2.

P/E ratio history for Smartbroker Holding from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-22.2162.09%
2022-8.46-98.36%
2021-514-1155.49%
202048.713.13%
201943.1298.28%
201810.8-52.3%
201722.7-1.46%
201623.0-41.06%
201539.0-202.48%
2014-38.1-217.22%
201332.5-8.18%
201235.4233.07%
201110.6-118.78%
2010-56.689.18%
2009-29.9-188.02%
200834.0

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.