P/E ratio for SSP Group (SSPG.L)
P/E ratio at the end of 2022: -168
According to SSP Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -17749.7. At the end of 2022 the company had a P/E ratio of -168.
P/E ratio history for SSP Group from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -168 | 3265.49% |
| 2021 | -5.00 | 121.03% |
| 2020 | -2.26 | -110.08% |
| 2019 | 22.4 | -25.64% |
| 2018 | 30.2 | 16.72% |
| 2017 | 25.9 | 27.08% |
| 2016 | 20.3 | -7.12% |
| 2015 | 21.9 | -213.74% |
| 2014 | -19.3 |
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.