Sanoma
SANOMA.HE
#4868
Rank
$1.18 B
Marketcap
$7.23
Share price
-2.31%
Change (1 day)
-17.75%
Change (1 year)

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
202220.9-6.42%
202122.3147%
20209.04-93.3%
20191351114.28%
201811.1-202.22%
2017-10.9-187.01%
201612.5-390.74%
2015-4.30-130.81%
201413.9-512.79%
2013-3.38-140.44%
20128.35-51.94%
201117.4
200923.9

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.