P/E ratio for ScottsMiracle-Gro (SMG)
P/E ratio as of May 2024 (TTM): -10.2
According to ScottsMiracle-Gro's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.223. At the end of 2022 the company had a P/E ratio of -5.95.
P/E ratio history for ScottsMiracle-Gro from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -5.95 | -129.03% |
| 2021 | 20.5 | -10.62% |
| 2020 | 22.9 | 82.8% |
| 2019 | 12.5 | -98.98% |
| 2018 | > 1000 | 4943.64% |
| 2017 | 24.4 | 39.26% |
| 2016 | 17.5 | -31.37% |
| 2015 | 25.5 | 4.33% |
| 2014 | 24.4 | 4.09% |
| 2013 | 23.5 | -0.86% |
| 2012 | 23.7 | 2.97% |
| 2011 | 23.0 | 32.28% |
| 2010 | 17.4 | 3.94% |
| 2009 | 16.7 | -109.57% |
| 2008 | -175 | -945.62% |
| 2007 | 20.7 | -25.15% |
| 2006 | 27.6 | 1.96% |
| 2005 | 27.1 | 24.91% |
| 2004 | 21.7 | -3.22% |
| 2003 | 22.4 | 58.56% |
| 2002 | 14.1 | -78.33% |
| 2001 | 65.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CF Industries
CF | 6.95 | -167.98% | 🇺🇸 USA |
 Marrone Bio Innovations
MBII | N/A | N/A | 🇺🇸 USA |
 Central Garden & Pet CENT | 18.1 | -276.71% | 🇺🇸 USA |
 Spectrum Brands
SPB | 1.91 | -118.70% | 🇺🇸 USA |
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.