P/E ratio for Selvaag Bolig (SBO.OL)
P/E ratio as of May 2024 (TTM): 19.4
According to Selvaag Bolig's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.4392. At the end of 2022 the company had a P/E ratio of 8.83.
P/E ratio history for Selvaag Bolig from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.83 | -6.51% |
| 2021 | 9.44 | 166.21% |
| 2020 | 3.55 | -66.25% |
| 2019 | 10.5 | 59.95% |
| 2018 | 6.57 | -15.48% |
| 2017 | 7.78 | -37.6% |
| 2016 | 12.5 | 35.94% |
| 2015 | 9.17 | 23.13% |
| 2014 | 7.44 | -26.4% |
| 2013 | 10.1 | 70.71% |
| 2012 | 5.92 |
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.