P/E ratio for Sanoma (SANOMA.HE)
P/E ratio as of April 2024 (TTM): 59.3
According to Sanoma 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 59.3279. At the end of 2022 the company had a P/E ratio of 20.9.
P/E ratio history for Sanoma from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.9 | -6.42% |
| 2021 | 22.3 | 147% |
| 2020 | 9.04 | -93.3% |
| 2019 | 135 | 1114.28% |
| 2018 | 11.1 | -202.22% |
| 2017 | -10.9 | -187.01% |
| 2016 | 12.5 | -390.74% |
| 2015 | -4.30 | -130.81% |
| 2014 | 13.9 | -512.79% |
| 2013 | -3.38 | -140.44% |
| 2012 | 8.35 | -51.94% |
| 2011 | 17.4 | |
| 2009 | 23.9 |
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.