P/E ratio for Saga (SAGA.L)
P/E ratio at the end of 2024: -1.77
According to Saga's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -172.079. At the end of 2024 the company had a P/E ratio of -1.77.
P/E ratio history for Saga from 2015 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | -1.77 | 76.54% |
| 2023 | -1.00 | -92.86% |
| 2022 | -14.0 | 302.01% |
| 2021 | -3.49 | 132.82% |
| 2020 | -1.50 | -80.01% |
| 2019 | -7.50 | -186.56% |
| 2018 | 8.66 | -35.81% |
| 2017 | 13.5 | -2.21% |
| 2016 | 13.8 | -218.08% |
| 2015 | -11.7 |
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.