P/E ratio for FirstRand (FSR.JO)
P/E ratio at the end of 2022: 10.3
According to FirstRand's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.5887. At the end of 2022 the company had a P/E ratio of 10.3.
P/E ratio history for FirstRand from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.3 | 12.98% |
| 2021 | 9.13 | -24.52% |
| 2020 | 12.1 | 17.58% |
| 2019 | 10.3 | -3% |
| 2018 | 10.6 | 31.74% |
| 2017 | 8.05 | -13.56% |
| 2016 | 9.32 | -1.48% |
| 2015 | 9.46 | 27.74% |
| 2014 | 7.40 | 19.43% |
| 2013 | 6.20 | 21.53% |
| 2012 | 5.10 | 146.83% |
| 2011 | 2.07 | -43.72% |
| 2010 | 3.67 | 11.39% |
| 2009 | 3.30 | 52.33% |
| 2008 | 2.16 | -28.82% |
| 2007 | 3.04 | 2.94% |
| 2006 | 2.95 | -0.66% |
| 2005 | 2.97 | 21.36% |
| 2004 | 2.45 |
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.