P/E ratio for Sonae (SON.LS)
P/E ratio as of April 2024 (TTM): 6.37
According to Sonae's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.37008. At the end of 2022 the company had a P/E ratio of 5.38.
P/E ratio history for Sonae from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.38 | -24.83% |
| 2021 | 7.16 | -19.16% |
| 2020 | 8.85 | -15.3% |
| 2019 | 10.5 | 40.99% |
| 2018 | 7.41 | -15.67% |
| 2017 | 8.79 | 14.61% |
| 2016 | 7.67 | -29.21% |
| 2015 | 10.8 | 4.88% |
| 2014 | 10.3 | 86.02% |
| 2013 | 5.55 | -908.49% |
| 2012 | -0.6869 | -107.88% |
| 2011 | 8.72 | 21.58% |
| 2010 | 7.17 | -59.02% |
| 2009 | 17.5 |
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.