Solaria Energรญa
SLR.MC
#5293
Rank
$1.13 B
Marketcap
$9.07
Share price
-1.71%
Change (1 day)
-48.96%
Change (1 year)

P/E ratio for Solaria Energรญa (SLR.MC)

P/E ratio as of November 2024 (TTM): 11.7

According to Solaria Energรญa's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.7002. At the end of 2022 the company had a P/E ratio of 23.8.

P/E ratio history for Solaria Energรญa from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202223.8-46.66%
202144.5-54.15%
202097.1172.86%
201935.666.07%
201821.4131.5%
20179.261.56%
20169.12-20.38%
201511.4-0.57%
201411.5-1297.38%
2013-0.9617-66.25%
2012-2.85189.6%
2011-0.9839-104.43%
201022.2

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.