Washington H. Soul Pattinson and Company (Soul Patts)
SOL.AX
#1975
Rank
A$12.88 B
Marketcap
$35.03
Share price
1.89%
Change (1 day)
2.08%
Change (1 year)

P/E ratio for Washington H. Soul Pattinson and Company (Soul Patts) (SOL.AX)

P/E ratio at the end of 2022: -537

According to Washington H. Soul Pattinson and Company (Soul Patts) 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -731.473. At the end of 2022 the company had a P/E ratio of -537.

P/E ratio history for Washington H. Soul Pattinson and Company (Soul Patts) from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022-537-2292.67%
202124.5455.91%
20204.40-78.04%
201920.121.35%
201816.566.81%
20179.91-57.76%
201623.5-31.56%
201534.385.38%
201418.5-12.13%
201321.060.02%
201213.1171.88%
20114.84-50.63%
20109.79452.7%
20091.77-90.47%
200818.639.2%
200713.4-19.7%
200616.6217.2%
20055.25-51.55%
200410.8-29.53%
200315.4-1.58%
200215.6-21.24%
200119.8

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.