P/E ratio for Skandinaviska Enskilda Banken (SEB-A.ST)
P/E ratio as of April 2024 (TTM): 8.14
According to Skandinaviska Enskilda Banken's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.13792. At the end of 2021 the company had a P/E ratio of 10.3.
P/E ratio history for Skandinaviska Enskilda Banken from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 10.3 | -18.84% |
| 2020 | 12.7 | 33.42% |
| 2019 | 9.53 | 20.43% |
| 2018 | 7.91 | -40.62% |
| 2017 | 13.3 | -29.77% |
| 2016 | 19.0 | 60.58% |
| 2015 | 11.8 | 15.1% |
| 2014 | 10.3 |
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.