P/E ratio for Sainsbury's (SBRY.L)
P/E ratio at the end of 2022: 8.54
According to Sainsbury's 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 890.805. At the end of 2022 the company had a P/E ratio of 8.54.
P/E ratio history for Sainsbury's from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.54 | -148.88% |
| 2021 | -17.5 | -146.69% |
| 2020 | 37.4 | 23.53% |
| 2019 | 30.3 | 85.41% |
| 2018 | 16.3 | 5.32% |
| 2017 | 15.5 | 48.52% |
| 2016 | 10.4 | -140.24% |
| 2015 | -26.0 | -511.96% |
| 2014 | 6.30 | -36.62% |
| 2013 | 9.94 | 28.1% |
| 2012 | 7.76 | 0.36% |
| 2011 | 7.73 | -10.19% |
| 2010 | 8.61 | -47.76% |
| 2009 | 16.5 | 39.61% |
| 2008 | 11.8 | -36.12% |
| 2007 | 18.5 | -71.18% |
| 2006 | 64.1 | 31.18% |
| 2005 | 48.9 | 448.38% |
| 2004 | 8.92 | -6.36% |
| 2003 | 9.52 | -55.18% |
| 2002 | 21.2 | -21.88% |
| 2001 | 27.2 |
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.