P/E ratio for SIG (Semen Indonesia) (SMGR.JK)
P/E ratio as of May 2024 (TTM): 10.8
According to SIG (Semen Indonesia)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.8068. At the end of 2022 the company had a P/E ratio of 16.4.
P/E ratio history for SIG (Semen Indonesia) from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.4 | -17.61% |
| 2021 | 19.9 | -14.45% |
| 2020 | 23.3 | -20.23% |
| 2019 | 29.2 | 40.2% |
| 2018 | 20.8 | -38.54% |
| 2017 | 33.9 | 167.16% |
| 2016 | 12.7 | -14.73% |
| 2015 | 14.9 | -2.46% |
| 2014 | 15.2 | 23.48% |
| 2013 | 12.3 | -22.06% |
| 2012 | 15.8 | 13.31% |
| 2011 | 14.0 | 9.02% |
| 2010 | 12.8 | 22.17% |
| 2009 | 10.5 |
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.