P/E ratio for Singapore Airlines (C6L.SI)
P/E ratio as of May 2024 (TTM): 10.8
According to Singapore Airlines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.7819. At the end of 2022 the company had a P/E ratio of 19.9.
P/E ratio history for Singapore Airlines from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.9 | -278.09% |
| 2021 | -11.2 | 342.95% |
| 2020 | -2.52 | -111.25% |
| 2019 | 22.4 | 8.09% |
| 2018 | 20.8 | 2.27% |
| 2017 | 20.3 | -9.04% |
| 2016 | 22.3 | -25.45% |
| 2015 | 29.9 | -44.91% |
| 2014 | 54.3 | 25.41% |
| 2013 | 43.3 | -34.12% |
| 2012 | 65.8 | 107.96% |
| 2011 | 31.6 | 46.5% |
| 2010 | 21.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Delta Air Lines DAL | 9.96 | -7.62% | 🇺🇸 USA |
 United Airlines Holdings
UAL | 6.23 | -42.24% | 🇺🇸 USA |
 China Eastern Airlines
600115.SS | -2.08 | -119.34% | 🇨🇳 China |
 China Southern Airlines
600029.SS | -3.11 | -128.81% | 🇨🇳 China |
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.