P/E ratio for Sabesp (SBS)
P/E ratio as of April 2024 (TTM): 17.3
According to Sabesp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.2914. At the end of 2022 the company had a P/E ratio of 12.0.
P/E ratio history for Sabesp from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.0 | 2.72% |
| 2021 | 11.7 | -64.69% |
| 2020 | 33.0 | 168.83% |
| 2019 | 12.3 | 67.36% |
| 2018 | 7.34 | -19.31% |
| 2017 | 9.09 | 36.11% |
| 2016 | 6.68 | -62.06% |
| 2015 | 17.6 | 63.46% |
| 2014 | 10.8 | 21.45% |
| 2013 | 8.87 | -9.69% |
| 2012 | 9.82 | 24.58% |
| 2011 | 7.88 | 23.99% |
| 2010 | 6.36 | 13.82% |
| 2009 | 5.59 | 2.79% |
| 2008 | 5.43 | 57.84% |
| 2007 | 3.44 | -67.98% |
| 2006 | 10.8 | 54.53% |
| 2005 | 6.96 | -53.84% |
| 2004 | 15.1 | 148.61% |
| 2003 | 6.06 | -212.27% |
| 2002 | -5.40 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Water Works AWK | 24.3 | 40.80% | 🇺🇸 USA |
 Consolidated Water CWCO | 29.0 | 67.99% | Cayman Islands |
 SJW Group
SJW | 16.6 | -3.75% | 🇺🇸 USA |
 American States Water
AWR | 21.5 | 24.39% | 🇺🇸 USA |
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.