P/E ratio for Sagax (SAGA-B.ST)
P/E ratio as of March 2023 (TTM): 22.0
According to Sagax's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.9861. At the end of 2021 the company had a P/E ratio of 10.1.
P/E ratio history for Sagax from 2013 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 10.1 | -35.45% |
| 2020 | 15.7 | 11.58% |
| 2019 | 14.1 | 40.47% |
| 2018 | 10.0 | 50.2% |
| 2017 | 6.67 | 24.16% |
| 2016 | 5.37 | -20.49% |
| 2015 | 6.76 | -27.54% |
| 2014 | 9.32 | 94.53% |
| 2013 | 4.79 |
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.