P/E ratio for SAIC (SAIC)
P/E ratio as of April 2024 (TTM): 13.8
According to SAIC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.7676. At the end of 2022 the company had a P/E ratio of 23.0.
P/E ratio history for SAIC from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 23.0 | 40.97% |
| 2021 | 16.3 | -38.76% |
| 2020 | 26.7 | -18.82% |
| 2019 | 32.8 | 138.68% |
| 2018 | 13.8 | -32.44% |
| 2017 | 20.4 | -25.07% |
| 2016 | 27.2 | 61.49% |
| 2015 | 16.8 | -1.11% |
| 2014 | 17.0 | -38.7% |
| 2013 | 27.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cognizant Technology Solutions CTSH | 16.5 | 19.88% | 🇺🇸 USA |
 Splunk SPLK | < -1000 | -8,866.38% | 🇺🇸 USA |
 Guidewire Software
GWRE | -82.9 | -702.03% | 🇺🇸 USA |
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.