P/E ratio for Sanmina (SANM)
P/E ratio as of September 2023 (TTM): 9.75
According to Sanmina's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.75185. At the end of 2021 the company had a P/E ratio of 9.66.
P/E ratio history for Sanmina from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 9.66 | -32.12% |
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TTM Technologies
TTMI | 25.1 | 157.59% | 🇺🇸 USA |
 Plexus PLXS | 16.7 | 71.40% | 🇺🇸 USA |
 Flex FLEX | 14.8 | 51.68% | 🇸🇬 Singapore |
 Jabil JBL | 14.8 | 51.98% | 🇺🇸 USA |
 CTS Corporation CTS | 22.3 | 128.85% | 🇺🇸 USA |
 Celestica CLS | 16.3 | 67.56% | 🇨🇦 Canada |
 Benchmark Electronics
BHE | 12.9 | 32.16% | 🇺🇸 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.