P/E ratio for SAAB AB (SAAB-B.ST)
P/E ratio as of May 2024 (TTM): 34.4
According to SAAB AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.4241. At the end of 2022 the company had a P/E ratio of 24.7.
P/E ratio history for SAAB AB from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 24.7 | 56.32% |
| 2021 | 15.8 | -46.7% |
| 2020 | 29.7 | 40.63% |
| 2019 | 21.1 | -22.66% |
| 2018 | 27.3 | -5.46% |
| 2017 | 28.9 | -9.65% |
| 2016 | 31.9 | 57.87% |
| 2015 | 20.2 | 8.61% |
| 2014 | 18.6 | -24.62% |
| 2013 | 24.7 | 177.73% |
| 2012 | 8.90 | 38.24% |
| 2011 | 6.44 | -78.44% |
| 2010 | 29.9 | 63.19% |
| 2009 | 18.3 |
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.