Sanlam
SLM.JO
#1704
Rank
$9.39 B
Marketcap
$4.56
Share price
-1.24%
Change (1 day)
34.43%
Change (1 year)

P/E ratio for Sanlam (SLM.JO)

P/E ratio at the end of 2022: 7.59

According to Sanlam's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.5503. At the end of 2022 the company had a P/E ratio of 7.59.

P/E ratio history for Sanlam from 2002 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20227.59-31.31%
202111.0-91.61%
2020132648.12%
201917.666.95%
201810.50.13%
201710.59.87%
20169.58-9.36%
201510.67.4%
20149.8440.52%
20137.001.53%
20126.9048.26%
20114.6533.07%
20103.50-13.34%
20094.04-41.52%
20086.90113.94%
20073.2348.72%
20062.1786.23%
20051.16-67.52%
20043.5983280.66%
20030.0043-100.01%
2002-32.7

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.