Sagax
SAGA-B.ST
#1756
Rank
$7.60 B
Marketcap
$22.21
Share price
-0.61%
Change (1 day)
-43.37%
Change (1 year)

P/E ratio for Sagax (SAGA-B.ST)

P/E ratio as of December 2022 (TTM): 22.1

According to Sagax's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.0555. 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
202110.1-35.45%
202015.711.58%
201914.140.47%
201810.050.2%
20176.6724.16%
20165.37-20.49%
20156.76-27.54%
20149.3294.53%
20134.79

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.