P/E ratio for Schibsted (SCHA.OL)
P/E ratio as of April 2024 (TTM): 4.56
According to Schibsted's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.56483. At the end of 2022 the company had a P/E ratio of -1.92.
P/E ratio history for Schibsted from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -1.92 | -199.83% |
| 2021 | 1.92 | -98.07% |
| 2020 | 99.8 | 50.49% |
| 2019 | 66.3 | -16.64% |
| 2018 | 79.6 | 327.48% |
| 2017 | 18.6 | -74.06% |
| 2016 | 71.8 | 91.15% |
| 2015 | 37.5 | -121.37% |
| 2014 | -176 | -1213.41% |
| 2013 | 15.8 | -76.92% |
| 2012 | 68.4 | 686.19% |
| 2011 | 8.70 | 268.64% |
| 2010 | 2.36 | -66.8% |
| 2009 | 7.11 |
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.