P/E ratio for Snap-on (SNA)
P/E ratio as of April 2024 (TTM): 14.6
According to Snap-on's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.5759. At the end of 2022 the company had a P/E ratio of 13.3.
P/E ratio history for Snap-on from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.3 | -5.62% |
| 2021 | 14.1 | -4.64% |
| 2020 | 14.8 | 10.22% |
| 2019 | 13.5 | 11.87% |
| 2018 | 12.0 | -33% |
| 2017 | 18.0 | -1.38% |
| 2016 | 18.2 | -12.52% |
| 2015 | 20.8 | 10.46% |
| 2014 | 18.8 | 3.53% |
| 2013 | 18.2 | 20.92% |
| 2012 | 15.0 | 41.18% |
| 2011 | 10.7 | -39.35% |
| 2010 | 17.6 | -2.7% |
| 2009 | 18.1 | 88.49% |
| 2008 | 9.58 | -38.03% |
| 2007 | 15.5 | -44.5% |
| 2006 | 27.9 | 19.42% |
| 2005 | 23.3 | -4.95% |
| 2004 | 24.5 | 2.77% |
| 2003 | 23.9 | 54.62% |
| 2002 | 15.4 | -84.86% |
| 2001 | 102 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Stanley Black & Decker
SWK | -226 | -1,648.27% | 🇺🇸 USA |
 Danaher DHR | 31.2 | 114.21% | 🇺🇸 USA |
 Newell Brands
NWL | -5.25 | -136.04% | 🇺🇸 USA |
 Lincoln Electric
LECO | 27.4 | 88.24% | 🇺🇸 USA |
 The Toro Company
TTC | 24.2 | 65.72% | 🇺🇸 USA |
 Alamo Group ALG | 19.5 | 33.68% | 🇺🇸 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.