Sanlam
SLM.JO
#1780
Rank
$10.53 B
Marketcap
$4.99
Share price
0.21%
Change (1 day)
8.44%
Change (1 year)

P/E ratio for Sanlam (SLM.JO)

P/E ratio at the end of 2024: 8.62

According to Sanlam's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.7535. At the end of 2024 the company had a P/E ratio of 8.62.

P/E ratio history for Sanlam from 2002 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20248.62-19.75%
202310.737.53%
20227.81-33.53%
202111.7-91.61%
2020140648.12%
201918.766.95%
201811.20.13%
201711.29.87%
201610.2-9.36%
201511.27.4%
201410.540.52%
20137.451.53%
20127.3448.26%
20114.9533.07%
20103.72-13.34%
20094.29-41.52%
20087.34113.94%
20073.4348.72%
20062.3186.23%
20051.24-67.52%
20043.8183280.66%
20030.0046-100.01%
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.