Savola Group
2050.SR
#1925
Rank
$8.01 B
Marketcap
$15.07
Share price
2.73%
Change (1 day)
112.85%
Change (1 year)

P/E ratio for Savola Group (2050.SR)

P/E ratio as of March 2024 (TTM): 37.4

According to Savola Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.4275. At the end of 2022 the company had a P/E ratio of 20.2.

P/E ratio history for Savola Group from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202220.2-73.47%
202176.1206.08%
202024.9-35.6%
201938.6-238.25%
2018-27.9-235.87%
201720.5-134.08%
2016-60.3-503.24%
201515.0-26.98%
201420.59.98%
201318.6128.1%
20128.16

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.