P/E ratio for Sonic Healthcare (SHL.AX)
P/E ratio at the end of 2022: 10.7
According to Sonic Healthcare's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 10.7.
P/E ratio history for Sonic Healthcare from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.7 | -21.84% |
| 2021 | 13.7 | -49.55% |
| 2020 | 27.3 | 23.02% |
| 2019 | 22.2 | 1.7% |
| 2018 | 21.8 | -8.98% |
| 2017 | 23.9 | 25.19% |
| 2016 | 19.1 | -21.83% |
| 2015 | 24.5 | 36% |
| 2014 | 18.0 | 5.32% |
| 2013 | 17.1 | 9.04% |
| 2012 | 15.7 | -6.61% |
| 2011 | 16.8 | 19.43% |
| 2010 | 14.0 | -45.49% |
| 2009 | 25.8 | 33.23% |
| 2008 | 19.3 | -14.5% |
| 2007 | 22.6 | -4.1% |
| 2006 | 23.6 | -47.42% |
| 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.