P/E ratio for Standard Bank Group (SBK.JO)
P/E ratio at the end of 2022: 0.0732
According to Standard Bank Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 0.0732.
P/E ratio history for Standard Bank Group from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 0.0732 | -5.98% |
| 2021 | 0.0779 | -99.41% |
| 2020 | 13.2 | 59.9% |
| 2019 | 8.25 | 2.99% |
| 2018 | 8.01 | -0.14% |
| 2017 | 8.02 | -1.86% |
| 2016 | 8.18 | 24.83% |
| 2015 | 6.55 | -18.16% |
| 2014 | 8.00 | 11.98% |
| 2013 | 7.15 | 37.29% |
| 2012 | 5.21 | 4.95% |
| 2011 | 4.96 | -7.71% |
| 2010 | 5.37 | -0.66% |
| 2009 | 5.41 | 27.38% |
| 2008 | 4.25 | 25.33% |
| 2007 | 3.39 | -18.75% |
| 2006 | 4.17 | 11.92% |
| 2005 | 3.73 | 6.96% |
| 2004 | 3.48 | 18.15% |
| 2003 | 2.95 | -62.69% |
| 2002 | 7.90 |
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.