Skandinaviska Enskilda Banken
SEB-A.ST
#697
Rank
$27.02 B
Marketcap
$13.03
Share price
-3.16%
Change (1 day)
20.31%
Change (1 year)

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
202110.3-18.84%
202012.733.42%
20199.5320.43%
20187.91-40.62%
201713.3-29.77%
201619.060.58%
201511.815.1%
201410.3

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.