P/E ratio for Strickland Metals Limited (STK.AX)
P/E ratio at the end of 2024: 7.15
According to Strickland Metals Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.77951. At the end of 2024 the company had a P/E ratio of 7.15.
P/E ratio history for Strickland Metals Limited from 2006 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 7.15 | -132.86% |
| 2023 | -21.8 | 48.48% |
| 2022 | -14.7 | 243.69% |
| 2021 | -4.26 | -17.13% |
| 2020 | -5.15 | 234.48% |
| 2019 | -1.54 | -97.49% |
| 2018 | -61.3 | 1535.26% |
| 2017 | -3.75 | -64.66% |
| 2016 | -10.6 | 1406.57% |
| 2015 | -0.7041 | -84.66% |
| 2014 | -4.59 | 805.85% |
| 2013 | -0.5066 | -68.78% |
| 2012 | -1.62 | -78.87% |
| 2011 | -7.68 | 77.97% |
| 2010 | -4.32 | 107.75% |
| 2009 | -2.08 | 319.9% |
| 2008 | -0.4947 | -95.13% |
| 2007 | -10.2 | -45.46% |
| 2006 | -18.6 |
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.