Sonic Healthcare
SHL.AX
#1405
Rank
$10.36 B
Marketcap
$21.57
Share price
0.76%
Change (1 day)
-27.71%
Change (1 year)

P/E ratio for Sonic Healthcare (SHL.AX)

P/E ratio at the end of 2022: 9.78

According to Sonic Healthcare's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.2618. At the end of 2022 the company had a P/E ratio of 9.78.

P/E ratio history for Sonic Healthcare from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20229.78-14.65%
202111.5-53.86%
202024.825.73%
201919.87.13%
201818.4-5.45%
201719.521.68%
201616.0-16.09%
201519.159.72%
201412.02.1%
201311.722.3%
20129.58-2.47%
20119.82-6.03%
201010.5-47.77%
200920.058.32%
200812.6-23.3%
200716.5-17.12%
200619.9-55.65%
200544.89.46%
200441.0-1.35%
200341.516.72%
200235.6-41.97%
200161.3

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.