Safestore
SAFE.L
#3966
Rank
$2.17 B
Marketcap
$9.95
Share price
2.81%
Change (1 day)
-16.18%
Change (1 year)

P/E ratio for Safestore (SAFE.L)

P/E ratio at the end of 2022: 4.61

According to Safestore's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 379.129. At the end of 2022 the company had a P/E ratio of 4.61.

P/E ratio history for Safestore from 2007 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20224.61-23.66%
20216.04-34.9%
20209.28-15.86%
201911.074.91%
20186.30-45.11%
201711.530.85%
20168.7872.77%
20155.08-25.98%
20146.86241.88%
20132.01-109.89%
2012-20.3-272.26%
201111.861.86%
20107.28-100.93%
2009-780-7467.28%
200810.6335.41%
20072.43

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.