Sydbank A/S
SYDB.CO
#3854
Rank
โ‚ฌ2.44 B
Marketcap
47,15ย โ‚ฌ
Share price
-1.29%
Change (1 day)
17.19%
Change (1 year)

P/E ratio for Sydbank A/S (SYDB.CO)

P/E ratio as of November 2024 (TTM): 7.21

According to Sydbank A/S's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.20778. At the end of 2022 the company had a P/E ratio of 9.09.

P/E ratio history for Sydbank A/S from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.091.06%
20218.99-14.43%
202010.50.72%
201910.416.58%
20188.95-19.79%
201711.26.37%
201610.5-25.29%
201514.05.54%
201413.3-76.91%
201357.6262.48%
201215.9-54.14%
201134.7

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.