According to Safe Bulkers 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.96875. At the end of 2022 the company had a P/E ratio of 2.12.
Year | P/E ratio | Change |
---|---|---|
2022 | 2.12 | -21.12% |
2021 | 2.69 | -151.63% |
2020 | -5.22 | -115.34% |
2019 | 34.0 | 205.62% |
2018 | 11.1 | -437.54% |
2017 | -3.30 | 137.88% |
2016 | -1.39 | 26.58% |
2015 | -1.09 | -102.24% |
2014 | 48.9 | 393.45% |
2013 | 9.90 | 274.38% |
2012 | 2.65 | -43.02% |
2011 | 4.64 | -8.28% |
2010 | 5.06 | 75.7% |
2009 | 2.88 | -5.53% |
2008 | 3.05 |
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.