According to SAAB AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.3393. At the end of 2022 the company had a P/E ratio of 6.18.
Year | P/E ratio | Change |
---|---|---|
2022 | 6.18 | 56.32% |
2021 | 3.95 | -46.7% |
2020 | 7.42 | 40.63% |
2019 | 5.28 | -22.66% |
2018 | 6.82 | -5.46% |
2017 | 7.21 | -9.65% |
2016 | 7.99 | 57.87% |
2015 | 5.06 | 8.61% |
2014 | 4.66 | -24.62% |
2013 | 6.18 | 177.73% |
2012 | 2.22 | 38.24% |
2011 | 1.61 | -78.44% |
2010 | 7.46 | 63.19% |
2009 | 4.57 |
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.