According to Sanlam's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.5782. At the end of 2022 the company had a P/E ratio of 8.16.
Year | P/E ratio | Change |
---|---|---|
2022 | 8.16 | -31.31% |
2021 | 11.9 | -91.61% |
2020 | 141 | 648.12% |
2019 | 18.9 | 66.95% |
2018 | 11.3 | 0.13% |
2017 | 11.3 | 9.87% |
2016 | 10.3 | -9.36% |
2015 | 11.4 | 7.4% |
2014 | 10.6 | 40.52% |
2013 | 7.53 | 1.53% |
2012 | 7.41 | 48.26% |
2011 | 5.00 | 33.07% |
2010 | 3.76 | -13.34% |
2009 | 4.34 | -41.52% |
2008 | 7.41 | 113.94% |
2007 | 3.47 | 48.72% |
2006 | 2.33 | 86.23% |
2005 | 1.25 | -67.52% |
2004 | 3.85 | 83280.66% |
2003 | 0.0046 | -100.01% |
2002 | -35.1 |
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.