P/E ratio for Spar Nord Bank A/S (SPNO.CO)
P/E ratio as of July 2025 (TTM): 11.6
According to Spar Nord Bank A/S's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.6424. At the end of 2024 the company had a P/E ratio of 11.0.
P/E ratio history for Spar Nord Bank A/S from 2010 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 11.0 | 105.65% |
| 2023 | 5.36 | -43.61% |
| 2022 | 9.50 | 20.45% |
| 2021 | 7.89 | -26.14% |
| 2020 | 10.7 | 35.34% |
| 2019 | 7.89 | 4.62% |
| 2018 | 7.54 | -18.41% |
| 2017 | 9.24 | -24.68% |
| 2016 | 12.3 | 42.85% |
| 2015 | 8.59 | -27.42% |
| 2014 | 11.8 | 3.45% |
| 2013 | 11.4 | -15.74% |
| 2012 | 13.6 | 104% |
| 2011 | 6.66 | -79.27% |
| 2010 | 32.1 | 21.48% |
| 2009 | 26.4 | 5.71% |
| 2008 | 25.0 | 167.39% |
| 2007 | 9.35 | 1.37% |
| 2006 | 9.22 | -91.06% |
| 2005 | 103 | 764.91% |
| 2004 | 11.9 |
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.