P/E ratio for Safestore (SAFE.L)
P/E ratio at the end of 2022: 4.67
According to Safestore's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 450.421. At the end of 2022 the company had a P/E ratio of 4.67.
P/E ratio history for Safestore from 2007 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.67 | -23.66% |
| 2021 | 6.11 | -34.9% |
| 2020 | 9.39 | -15.86% |
| 2019 | 11.2 | 74.91% |
| 2018 | 6.38 | -45.11% |
| 2017 | 11.6 | 30.85% |
| 2016 | 8.88 | 72.77% |
| 2015 | 5.14 | -25.98% |
| 2014 | 6.94 | 241.88% |
| 2013 | 2.03 | -109.89% |
| 2012 | -20.5 | -272.26% |
| 2011 | 11.9 | 61.86% |
| 2010 | 7.37 | -100.93% |
| 2009 | -789 | -7467.28% |
| 2008 | 10.7 | 335.41% |
| 2007 | 2.46 |
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.