Safestore
SAFE.L
#3454
Rank
$2.43 B
Marketcap
$11.34
Share price
2.04%
Change (1 day)
-36.43%
Change (1 year)

P/E ratio for Safestore (SAFE.L)

P/E ratio at the end of 2021: 5.28

According to Safestore's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.57367. At the end of 2021 the company had a P/E ratio of 5.28.

P/E ratio history for Safestore from 2007 to 2021

PE ratio at the end of each year

Year P/E ratio Change
20215.28-34.9%
20208.11-15.86%
20199.6474.91%
20185.51-45.11%
201710.030.85%
20167.6772.77%
20154.44-25.98%
20146.00241.88%
20131.76-109.89%
2012-17.7-272.26%
201110.361.86%
20106.37-100.93%
2009-682-7467.28%
20089.25335.41%
20072.13

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.