P/E ratio for SABIC (2010.SR)
P/E ratio as of April 2025 (TTM): 47.7
According to SABIC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 47.6801. At the end of 2022 the company had a P/E ratio of 16.3.
P/E ratio history for SABIC from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.3 | 8.28% |
| 2021 | 15.1 | -99.7% |
| 2020 | > 1000 | 9456.87% |
| 2019 | 53.1 | 227.34% |
| 2018 | 16.2 | -2.25% |
| 2017 | 16.6 | 6.18% |
| 2016 | 15.6 | 27.77% |
| 2015 | 12.2 | 13.18% |
| 2014 | 10.8 | -18.37% |
| 2013 | 13.2 | 21.58% |
| 2012 | 10.9 |
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.