According to Sagax's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 155.11. At the end of 2022 the company had a P/E ratio of 30.3.
Year | P/E ratio | Change |
---|---|---|
2022 | 30.3 | 143.15% |
2021 | 12.4 | -42.08% |
2020 | 21.5 | 44.2% |
2019 | 14.9 | 86.65% |
2018 | 7.99 | 21.36% |
2017 | 6.58 | 22.49% |
2016 | 5.37 | -22.02% |
2015 | 6.89 | -25.62% |
2014 | 9.26 | 107.17% |
2013 | 4.47 |
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.