P/E ratio for Sberbank (SBER.ME)
P/E ratio as of September 2023 (TTM): 2.57
According to Sberbank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.57491. At the end of 2020 the company had a P/E ratio of 7.88.
P/E ratio history for Sberbank from 2014 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 7.88 | 19.2% |
| 2019 | 6.61 | 35.21% |
| 2018 | 4.89 | -24.95% |
| 2017 | 6.51 | -6.03% |
| 2016 | 6.93 | -29.1% |
| 2015 | 9.77 | 139.46% |
| 2014 | 4.08 | -32.22% |
| 2013 | 6.02 | 3.87% |
| 2012 | 5.80 | 6.68% |
| 2011 | 5.43 |
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.