Streamwide
ALSTW.PA
#8994
Rank
NZ$0.13 B
Marketcap
$49.67
Share price
0.36%
Change (1 day)
56.24%
Change (1 year)

P/E ratio for Streamwide (ALSTW.PA)

P/E ratio at the end of 2023: 12.7

According to Streamwide's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.7376. At the end of 2023 the company had a P/E ratio of 12.7.

P/E ratio history for Streamwide from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202312.7-4.31%
202213.3-38.5%
202121.620.38%
202017.9-32.96%
201926.7-236.03%
2018-19.6245.34%
2017-5.69-122.97%
201624.8-90.63%
2015264217.33%
201483.3-281.72%
2013-45.8-399.86%
201215.341.92%
201110.82.16%
201010.5-94.7%
2009199

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.