P/E ratio for Sanmina (SANM)

P/E ratio history for Sanmina from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Jabil JBL	21.3	44.49%	🇺🇸 USA
TTM Technologies TTMI	-81.5	-653.56%	🇺🇸 USA
Benchmark Electronics BHE	24.9	69.41%	🇺🇸 USA
Plexus PLXS	31.6	114.66%	🇺🇸 USA
Flex FLEX	23.1	56.78%	🇸🇬 Singapore
Celestica CLS	54.4	269.61%	🇨🇦 Canada
CTS Corporation CTS	27.8	89.07%	🇺🇸 USA

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.