Spire Healthcare Group
SPI.L
#5441
Rank
NZ$1.71 B
Marketcap
$425.26
Share price
2.49%
Change (1 day)
7,969.80%
Change (1 year)

P/E ratio for Spire Healthcare Group (SPI.L)

P/E ratio at the end of 2023: 34.8

According to Spire Healthcare Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 289882. At the end of 2023 the company had a P/E ratio of 34.8.

P/E ratio history for Spire Healthcare Group from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202334.8-70.87%
2022120-217%
2021-1023799.17%
2020-2.62-103.24%
201980.9-98.27%
2018> 10007732.31%
201759.5118.74%
201627.244.96%
201518.8-88.8%
2014168

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.