P/E ratio for FirstRand (FSR.JO)
P/E ratio at the end of 2022: 11.4
According to FirstRand's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.96015. At the end of 2022 the company had a P/E ratio of 11.4.
P/E ratio history for FirstRand from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.4 | 19.48% |
| 2021 | 9.55 | -18.99% |
| 2020 | 11.8 | 1.12% |
| 2019 | 11.7 | -5.57% |
| 2018 | 12.3 | 23.76% |
| 2017 | 9.98 | 1.25% |
| 2016 | 9.86 | -22.8% |
| 2015 | 12.8 | 40.6% |
| 2014 | 9.08 | 4.95% |
| 2013 | 8.65 | -3.73% |
| 2012 | 8.99 | 140.73% |
| 2011 | 3.73 | -59.3% |
| 2010 | 9.17 | 102.37% |
| 2009 | 4.53 | |
| 2007 | 7.64 | -0.02% |
| 2006 | 7.64 | -13.94% |
| 2005 | 8.88 | 15.18% |
| 2004 | 7.71 |
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.