P/E ratio for Sasol (SSL)
P/E ratio as of November 2022 (TTM): 3.31
According to Sasol's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.30682. At the end of 2021 the company had a P/E ratio of 15.0.
P/E ratio history for Sasol from 2001 to 2008
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 15.0 | -1748% |
| 2020 | -0.9097 | -101.84% |
| 2019 | 49.6 | 41.08% |
| 2018 | 35.1 | 226.12% |
| 2017 | 10.8 | -40.89% |
| 2016 | 18.2 | 101.19% |
| 2015 | 9.06 | -29.67% |
| 2014 | 12.9 | 29.51% |
| 2013 | 9.94 | 12.39% |
| 2012 | 8.85 | -17.21% |
| 2011 | 10.7 | 2.97% |
| 2010 | 10.4 | -9.67% |
| 2009 | 11.5 | -5.78% |
| 2008 | 12.2 | 27.74% |
| 2007 | 9.55 | -37.98% |
| 2006 | 15.4 | 35.57% |
| 2005 | 11.4 | 2.5% |
| 2004 | 11.1 | 83% |
| 2003 | 6.05 | -53.08% |
| 2002 | 12.9 | -8.05% |
| 2001 | 14.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BP BP | -10.3 | -410.25% | 🇬🇧 UK |
 Dow DOW | 6.46 | 95.38% | 🇺🇸 USA |
 Phillips 66 PSX | 4.92 | 48.75% | 🇺🇸 USA |
 Exxon Mobil XOM | 8.96 | 171.08% | 🇺🇸 USA |
 Chevron CVX | 10.1 | 205.59% | 🇺🇸 USA |
 Huntsman Corporation
HUN | 5.09 | 53.88% | 🇺🇸 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.