P/E ratio for Smith & Nephew (SNN)

P/E ratio history for Smith & Nephew from 2001 to 2014

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Johnson & Johnson JNJ	31.0	26.16%	🇺🇸 USA
Boston Scientific BSX	18.1	-26.22%	🇺🇸 USA
Edwards Lifesciences EW	46.8	90.25%	🇺🇸 USA
Stryker Corporation SYK	31.7	29.12%	🇺🇸 USA
Orthofix Medical OFIX	-5.80	-123.60%	🇺🇸 USA
CONMED CNMD	25.8	4.89%	🇺🇸 USA

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.