According to Santos 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.09242. At the end of 2007 the company had a P/E ratio of 117.
Year | P/E ratio | Change |
---|---|---|
2007 | 117 | 1930.88% |
2006 | 5.75 | -25.84% |
2005 | 7.76 | -32.27% |
2004 | 11.5 | 16.28% |
2003 | 9.85 | 11.63% |
2002 | 8.82 | 38.35% |
2001 | 6.38 |
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.