Snap-on
SNA
#1201
Rank
$14.43 B
Marketcap
$273.76
Share price
0.94%
Change (1 day)
10.90%
Change (1 year)
Snap-on Incorporated is an American designer, manufacturer and marketer of high-end tools and equipment for professional use in the transportation industry including the automotive, heavy duty, equipment, marine, aviation, and railroad industries.

P/E ratio for Snap-on (SNA)

P/E ratio as of February 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 14.585. 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
202213.3-5.62%
202114.1-4.64%
202014.810.22%
201913.511.87%
201812.0-33%
201718.0-1.38%
201618.2-12.52%
201520.810.46%
201418.83.53%
201318.220.92%
201215.041.18%
201110.7-39.35%
201017.6-2.7%
200918.188.49%
20089.58-38.03%
200715.5-44.5%
200627.919.42%
200523.3-4.95%
200424.52.77%
200323.954.62%
200215.4-84.86%
2001102

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-221-1,616.97%๐Ÿ‡บ๐Ÿ‡ธ USA
31.8 117.88%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.49-137.66%๐Ÿ‡บ๐Ÿ‡ธ USA
29.3 100.73%๐Ÿ‡บ๐Ÿ‡ธ USA
25.5 74.66%๐Ÿ‡บ๐Ÿ‡ธ USA
19.3 32.21%๐Ÿ‡บ๐Ÿ‡ธ 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.