P/E ratio for Sonic Healthcare (SHL.AX)
P/E ratio at the end of 2021: 12.8
According to Sonic Healthcare's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.8454. At the end of 2021 the company had a P/E ratio of 12.8.
P/E ratio history for Sonic Healthcare from 2001 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 12.8 | -53.86% |
| 2020 | 27.6 | 25.73% |
| 2019 | 22.0 | 7.13% |
| 2018 | 20.5 | -5.45% |
| 2017 | 21.7 | 21.68% |
| 2016 | 17.8 | -16.09% |
| 2015 | 21.3 | 59.72% |
| 2014 | 13.3 | 2.1% |
| 2013 | 13.0 | 22.3% |
| 2012 | 10.7 | -2.47% |
| 2011 | 10.9 | -6.03% |
| 2010 | 11.6 | -47.77% |
| 2009 | 22.3 | 58.32% |
| 2008 | 14.1 | -23.3% |
| 2007 | 18.3 | -17.12% |
| 2006 | 22.1 | -50.67% |
| 2005 | 44.8 | 9.46% |
| 2004 | 41.0 | -1.35% |
| 2003 | 41.5 | 16.72% |
| 2002 | 35.6 | -41.97% |
| 2001 | 61.3 |
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.