P/E ratio for Sanmina (SANM)
P/E ratio as of April 2024 (TTM): 10.8
According to Sanmina's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.7815. At the end of 2022 the company had a P/E ratio of 12.0.
P/E ratio history for Sanmina from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.0 | 23.12% |
| 2021 | 9.76 | -31.48% |
| 2020 | 14.2 | -15.18% |
| 2019 | 16.8 | -1.64% |
| 2018 | 17.1 | -147.05% |
| 2017 | -36.3 | -375.07% |
| 2016 | 13.2 | 206.2% |
| 2015 | 4.31 | -56.45% |
| 2014 | 9.89 | -27.18% |
| 2013 | 13.6 | 158.79% |
| 2012 | 5.25 | -65.06% |
| 2011 | 15.0 | 51.73% |
| 2010 | 9.90 | -155.63% |
| 2009 | -17.8 | 3641.01% |
| 2008 | -0.4755 | -42.78% |
| 2007 | -0.8311 | -94.22% |
| 2006 | -14.4 | 571.51% |
| 2005 | -2.14 | -97.73% |
| 2004 | -94.1 | 183.83% |
| 2003 | -33.2 | 3969.04% |
| 2002 | -0.8149 | -98.57% |
| 2001 | -56.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TTM Technologies
TTMI | -48.5 | -550.00% | 🇺🇸 USA |
 Plexus PLXS | 18.5 | 71.14% | 🇺🇸 USA |
 Flex FLEX | 15.7 | 45.99% | 🇸🇬 Singapore |
 Jabil JBL | 21.1 | 95.76% | 🇺🇸 USA |
 CTS Corporation CTS | 22.6 | 109.30% | 🇺🇸 USA |
 Celestica CLS | 26.1 | 141.87% | 🇨🇦 Canada |
 Benchmark Electronics
BHE | 15.6 | 45.00% | 🇺🇸 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.