P/E ratio for Sappi (SAP.JO)
P/E ratio as of June 2024 (TTM): 5.15
According to Sappi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.14779. At the end of 2022 the company had a P/E ratio of 2.53.
P/E ratio history for Sappi from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 2.53 | -72.53% |
| 2021 | 9.22 | -263% |
| 2020 | -5.66 | -164.15% |
| 2019 | 8.82 | 24.8% |
| 2018 | 7.07 | -15.73% |
| 2017 | 8.38 | 7.72% |
| 2016 | 7.78 | -8.11% |
| 2015 | 8.47 | -0.59% |
| 2014 | 8.52 | -265.2% |
| 2013 | -5.16 | -136.74% |
| 2012 | 14.0 | -565.23% |
| 2011 | -3.02 | -147.21% |
| 2010 | 6.39 | -265.13% |
| 2009 | -3.87 | -143.43% |
| 2008 | 8.91 | 145.76% |
| 2007 | 3.63 | -90.21% |
| 2006 | 37.0 | -1278.52% |
| 2005 | -3.14 | -141.5% |
| 2004 | 7.57 | -27.99% |
| 2003 | 10.5 | 186.11% |
| 2002 | 3.67 | -70.84% |
| 2001 | 12.6 |
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.