P/E ratio for Securitas AB (SECU-B.ST)
P/E ratio as of May 2024 (TTM): 12.5
According to Securitas AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.4751. At the end of 2022 the company had a P/E ratio of 9.46.
P/E ratio history for Securitas AB from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.46 | -45.84% |
| 2021 | 17.5 | -27.33% |
| 2020 | 24.0 | 13.92% |
| 2019 | 21.1 | 5.04% |
| 2018 | 20.1 | -12.15% |
| 2017 | 22.9 | -3.99% |
| 2016 | 23.8 | 1.78% |
| 2015 | 23.4 | 16.83% |
| 2014 | 20.0 | 23.56% |
| 2013 | 16.2 | -25.16% |
| 2012 | 21.7 | 42.45% |
| 2011 | 15.2 | -8.2% |
| 2010 | 16.6 | 14.05% |
| 2009 | 14.5 |
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.