P/E ratio for Porto Seguro (PSSA3.SA)
P/E ratio as of May 2024 (TTM): 10.0
According to Porto Seguro's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.0116. At the end of 2022 the company had a P/E ratio of 12.9.
P/E ratio history for Porto Seguro from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.9 | 47.68% |
| 2021 | 8.72 | -7.34% |
| 2020 | 9.42 | -35.94% |
| 2019 | 14.7 | 14.46% |
| 2018 | 12.8 | 20.08% |
| 2017 | 10.7 | 12.07% |
| 2016 | 9.54 | 2.35% |
| 2015 | 9.32 | -16.88% |
| 2014 | 11.2 | 62.96% |
| 2013 | 6.88 | -38.92% |
| 2012 | 11.3 | -6.02% |
| 2011 | 12.0 | -19.5% |
| 2010 | 14.9 | -6.25% |
| 2009 | 15.9 | 53.17% |
| 2008 | 10.4 | 168.52% |
| 2007 | 3.86 | 4.46% |
| 2006 | 3.70 | -52.16% |
| 2005 | 7.73 | -26.56% |
| 2004 | 10.5 |
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.