P/E ratio for Sacyr (SCYR.MC)
P/E ratio as of April 2024 (TTM): -10.5
According to Sacyr's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.4679. At the end of 2021 the company had a P/E ratio of -7.63.
P/E ratio history for Sacyr from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -7.63 | -122.87% |
| 2020 | 33.4 | -755.83% |
| 2019 | -5.09 | -178.36% |
| 2018 | 6.49 | -33.69% |
| 2017 | 9.79 | 0.89% |
| 2016 | 9.71 | 274.5% |
| 2015 | 2.59 | -93.81% |
| 2014 | 41.9 | -1259.43% |
| 2013 | -3.61 | 412.14% |
| 2012 | -0.7054 | -31.06% |
| 2011 | -1.02 | -113.21% |
| 2010 | 7.75 |
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.