P/E ratio for Savaria Corporation (SIS.TO)
P/E ratio as of May 2024 (TTM): 29.8
According to Savaria Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.7941. At the end of 2022 the company had a P/E ratio of 25.4.
P/E ratio history for Savaria Corporation from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 25.4 | -74.78% |
| 2021 | 101 | 262.64% |
| 2020 | 27.8 | 5.65% |
| 2019 | 26.3 | -19.39% |
| 2018 | 32.7 | -13.98% |
| 2017 | 38.0 | 25.71% |
| 2016 | 30.2 | 47.96% |
| 2015 | 20.4 | 7.9% |
| 2014 | 18.9 | 48.97% |
| 2013 | 12.7 | -43.03% |
| 2012 | 22.3 | 41.05% |
| 2011 | 15.8 | 20% |
| 2010 | 13.2 | 39.41% |
| 2009 | 9.44 | 9.56% |
| 2008 | 8.62 | -108.27% |
| 2007 | -104 | -579.5% |
| 2006 | 21.7 | 42.03% |
| 2005 | 15.3 | 14.58% |
| 2004 | 13.4 | -3.33% |
| 2003 | 13.8 |
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.