P/E ratio for Santos (STO.AX)
P/E ratio as of May 2024 (TTM): 3.12
According to Santos 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.1233. At the end of 2007 the company had a P/E ratio of 117.
P/E ratio history for Santos from 2001 to 2008
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2007 | 117 | 1923.91% |
| 2006 | 5.77 | -29.02% |
| 2005 | 8.13 | -17.52% |
| 2004 | 9.86 | 11.69% |
| 2003 | 8.83 | -15.39% |
| 2002 | 10.4 | 25.32% |
| 2001 | 8.33 |
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.