According to Savola Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.9999. At the end of 2022 the company had a P/E ratio of 20.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 20.2 | -73.47% |
2021 | 76.1 | 206.08% |
2020 | 24.9 | -35.6% |
2019 | 38.6 | -238.25% |
2018 | -27.9 | -235.87% |
2017 | 20.5 | -134.08% |
2016 | -60.3 | -503.24% |
2015 | 15.0 | -26.98% |
2014 | 20.5 | 9.98% |
2013 | 18.6 | 128.1% |
2012 | 8.16 |
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.