P/E ratio for SATS (S58.SI)
P/E ratio as of May 2024 (TTM): < -1000
According to SATS's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3427.86. At the end of 2019 the company had a P/E ratio of 26.6.
P/E ratio history for SATS from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2019 | 26.6 | 27.49% |
| 2018 | 20.9 | -10.38% |
| 2017 | 23.3 | -0.96% |
| 2016 | 23.5 | 15.87% |
| 2015 | 20.3 | 2622.62% |
| 2014 | 0.7457 | -96.44% |
| 2013 | 21.0 | 15.88% |
| 2012 | 18.1 | 23.28% |
| 2011 | 14.7 | -16.2% |
| 2010 | 17.5 |
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.