P/E ratio for Sofina (SOF.VI)
P/E ratio at the end of 2022: -3.81
According to Sofina 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.79136. At the end of 2022 the company had a P/E ratio of -3.81.
P/E ratio history for Sofina from 2018 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -3.81 | -170.95% |
| 2021 | 5.37 | -10.9% |
| 2020 | 6.02 | 13.86% |
| 2019 | 5.29 | -14.64% |
| 2018 | 6.20 |
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.