Washington H. Soul Pattinson and Company (Soul Patts)
SOL.AX
#2001
Rank
NZ$13.46 B
Marketcap
$36.62
Share price
-1.08%
Change (1 day)
-0.82%
Change (1 year)

P/E ratio for Washington H. Soul Pattinson and Company (Soul Patts) (SOL.AX)

P/E ratio at the end of 2022: -564

According to Washington H. Soul Pattinson and Company (Soul Patts) 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -722.07. At the end of 2022 the company had a P/E ratio of -564.

P/E ratio history for Washington H. Soul Pattinson and Company (Soul Patts) from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022-564-2292.67%
202125.7455.91%
20204.62-78.04%
201921.121.35%
201817.466.81%
201710.4-57.76%
201624.6-31.56%
201536.085.38%
201419.4-12.13%
201322.160.02%
201213.8171.88%
20115.08-50.63%
201010.3452.7%
20091.86-90.47%
200819.539.2%
200714.0-19.7%
200617.5217.2%
20055.51-51.55%
200411.4-29.53%
200316.1-1.58%
200216.4-21.24%
200120.8

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.