According to FirstRand's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.0372. At the end of 2021 the company had a P/E ratio of 9.73.
Year | P/E ratio | Change |
---|---|---|
2021 | 9.73 | -18.99% |
2020 | 12.0 | 1.12% |
2019 | 11.9 | -5.57% |
2018 | 12.6 | 23.76% |
2017 | 10.2 | 1.25% |
2016 | 10.0 | -22.8% |
2015 | 13.0 | 40.6% |
2014 | 9.25 | 3.59% |
2013 | 8.93 | -2.46% |
2012 | 9.16 | 140.73% |
2011 | 3.80 | -54.3% |
2010 | 8.32 | 49.08% |
2009 | 5.58 | |
2007 | 7.79 | -0.02% |
2006 | 7.79 | -3.29% |
2005 | 8.05 |
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.