According to Saras S.p.A.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.53359. At the end of 2023 the company had a P/E ratio of 4.90.
Year | P/E ratio | Change |
---|---|---|
2023 | 4.90 | 86.79% |
2022 | 2.62 | -95.29% |
2021 | 55.6 | -2837.37% |
2020 | -2.03 | -103.94% |
2019 | 51.6 | 347.77% |
2018 | 11.5 | 47.91% |
2017 | 7.79 | -4.91% |
2016 | 8.19 | 10.92% |
2015 | 7.38 | -350.65% |
2014 | -2.95 | 3.84% |
2013 | -2.84 | -73.28% |
2012 | -10.6 | -169.54% |
2011 | 15.3 | -109.89% |
2010 | -154 | -652% |
2009 | 28.0 | -23.54% |
2008 | 36.6 | 207.72% |
2007 | 11.9 | 28.53% |
2006 | 9.25 |
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.