Spire Energy
SR
#3065
Rank
NZ$6.96 B
Marketcap
$120.55
Share price
3.32%
Change (1 day)
22.13%
Change (1 year)

P/E ratio for Spire Energy (SR)

P/E ratio as of November 2024 (TTM): 16.4

According to Spire Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.3944. At the end of 2022 the company had a P/E ratio of 14.9.

P/E ratio history for Spire Energy from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202214.9-1.03%
202115.0-55.88%
202034.141.06%
201924.19.85%
201822.044.21%
201715.2-23.49%
201619.95.63%
201518.9-14.56%
201422.11.31%
201321.859.15%
201213.7-0.54%
201113.8-8.08%
201015.011.31%
200913.516.62%
200811.5-19.13%
200714.3-19.77%
200617.8-71.45%
200562.3-108.36%
2004-745-5059.4%
200315.0-2.52%
200215.4-32.93%
200123.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
217 1,222.40%๐Ÿ‡บ๐Ÿ‡ธ USA
32.9 100.78%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.46-108.89%๐Ÿ‡บ๐Ÿ‡ธ USA

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.