Solvar Limited
SVR.AX
#8090
Rank
S$0.27 B
Marketcap
$1.34
Share price
4.58%
Change (1 day)
51.54%
Change (1 year)

P/E ratio for Solvar Limited (SVR.AX)

P/E ratio at the end of 2023: 6.31

According to Solvar Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.88218. At the end of 2023 the company had a P/E ratio of 6.31.

P/E ratio history for Solvar Limited from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20236.31-8.98%
20226.93-46.31%
202112.927.31%
202010.1-8.46%
201911.139.6%
20187.9446.55%
20175.42-16.67%
20166.50-15.3%
20157.68-9.33%
20148.471.82%
20138.31128.2%
20123.649.89%
20113.32-24.19%
20104.37-47.12%
20098.2715.4%
20087.17-46.48%
200713.4

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.