Sandnes Sparebank
SADG.OL
#8099
Rank
A$0.31 B
Marketcap
$15.13
Share price
0.00%
Change (1 day)
21.78%
Change (1 year)

P/E ratio for Sandnes Sparebank (SADG.OL)

P/E ratio as of December 2024 (TTM): 8.09

According to Sandnes Sparebank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.09216. At the end of 2014 the company had a P/E ratio of 10.0.

P/E ratio history for Sandnes Sparebank from 2012 to 2024

PE ratio at the end of each year

Year P/E ratio Change
201410.047.06%
20136.8020.89%
20125.63

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.