Sanlam
SLM.JO
#1887
Rank
$6.79 B
Marketcap
$3.31
Share price
2.06%
Change (1 day)
-14.91%
Change (1 year)

P/E ratio for Sanlam (SLM.JO)

P/E ratio at the end of 2021: 12.3

According to Sanlam's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.4803. At the end of 2021 the company had a P/E ratio of 12.3.

P/E ratio history for Sanlam from 2002 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202112.3-66.54%
202036.787.57%
201919.666.95%
201811.70.13%
201711.79.87%
201610.7-9.36%
201511.87.4%
201410.940.52%
20137.791.53%
20127.6748.26%
20115.1833.07%
20103.89-13.18%
20094.48-41.62%
20087.67113.94%
20073.5948.72%
20062.4186.23%
20051.2936253.72%
20040.0036-99.93%
20034.78-114.17%
2002-33.8

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.