Springer Nature AG
SPG.DE
#3363
Rank
ยฃ3.19 B
Marketcap
ยฃ15.75
Share price
0.22%
Change (1 day)
0.15%
Change (1 year)

P/E ratio for Springer Nature AG (SPG.DE)

P/E ratio at the end of 2024: 88.7

According to Springer Nature AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 58.9728. At the end of 2024 the company had a P/E ratio of 88.7.

P/E ratio history for Springer Nature AG from 2024 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202488.7

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.