P/E ratio for SAIC Motor (600104.SS)
P/E ratio as of June 2023 (TTM): 6.34
According to SAIC Motor 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.34103. At the end of 2021 the company had a P/E ratio of 9.68.
P/E ratio history for SAIC Motor from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 9.68 | -30.49% |
| 2020 | 13.9 | 27.99% |
| 2019 | 10.9 | 32.92% |
| 2018 | 8.19 | -24.37% |
| 2017 | 10.8 | 34.05% |
| 2016 | 8.08 | 2.38% |
| 2015 | 7.89 | -3.99% |
| 2014 | 8.22 | 32.18% |
| 2013 | 6.22 | -31.57% |
| 2012 | 9.09 | 17.85% |
| 2011 | 7.71 | -13.81% |
| 2010 | 8.94 | -66.18% |
| 2009 | 26.5 | -50.37% |
| 2008 | 53.3 | 41.44% |
| 2007 | 37.7 | 0.33% |
| 2006 | 37.6 | 282.63% |
| 2005 | 9.82 | 20.47% |
| 2004 | 8.15 | -65.41% |
| 2003 | 23.6 | 46.3% |
| 2002 | 16.1 |
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.