P/E ratio for South32 (S32.AX)
P/E ratio at the end of 2022: 4.26
According to South32's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.997. At the end of 2022 the company had a P/E ratio of 4.26.
P/E ratio history for South32 from 2015 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.26 | -110.02% |
| 2021 | -42.4 | -53.44% |
| 2020 | -91.2 | -465.56% |
| 2019 | 24.9 | 197.01% |
| 2018 | 8.40 | 17.62% |
| 2017 | 7.14 | -332.56% |
| 2016 | -3.07 | -21.5% |
| 2015 | -3.91 |
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.