P/E ratio for Sachem Capital (SACH)
P/E ratio as of April 2024 (TTM): 6.91
According to Sachem Capital 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.91304. At the end of 2022 the company had a P/E ratio of 7.02.
P/E ratio history for Sachem Capital from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.02 | -47.1% |
| 2021 | 13.3 | 30.81% |
| 2020 | 10.1 | -27.53% |
| 2019 | 14.0 | 79.03% |
| 2018 | 7.82 | -22.59% |
| 2017 | 10.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 New Residential Investment NRZ | N/A | N/A | 🇺🇸 USA |
 Ocwen OCN | -3.13 | -145.34% | 🇺🇸 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.