According to Sappi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.38502. At the end of 2022 the company had a P/E ratio of 2.66.
Year | P/E ratio | Change |
---|---|---|
2022 | 2.66 | -72.53% |
2021 | 9.70 | -263% |
2020 | -5.95 | -164.15% |
2019 | 9.27 | 24.8% |
2018 | 7.43 | -15.73% |
2017 | 8.82 | 7.72% |
2016 | 8.19 | -8.11% |
2015 | 8.91 | -0.59% |
2014 | 8.96 | -265.2% |
2013 | -5.42 | -136.74% |
2012 | 14.8 | -565.23% |
2011 | -3.17 | -147.21% |
2010 | 6.72 | -265.13% |
2009 | -4.07 | -143.43% |
2008 | 9.37 | 145.76% |
2007 | 3.81 | -90.21% |
2006 | 38.9 | -1278.52% |
2005 | -3.30 | -141.5% |
2004 | 7.96 | -27.99% |
2003 | 11.1 | 186.11% |
2002 | 3.87 | -70.84% |
2001 | 13.3 |
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.