Sagax
SAGA-B.ST
#1795
Rank
$8.63 B
Marketcap
$24.24
Share price
2.08%
Change (1 day)
1.55%
Change (1 year)

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

P/E ratio as of March 2024 (TTM): 173

According to Sagax's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 172.788. At the end of 2022 the company had a P/E ratio of 30.3.

P/E ratio history for Sagax from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202230.3143.15%
202112.4-42.08%
202021.544.2%
201914.986.65%
20187.9921.36%
20176.5822.49%
20165.37-22.02%
20156.89-25.62%
20149.26107.17%
20134.47

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.