According to Sonoco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.75379. At the end of 2022 the company had a P/E ratio of 12.7.
Year | P/E ratio | Change |
---|---|---|
2022 | 12.7 | -118.28% |
2021 | -69.7 | -342.74% |
2020 | 28.7 | 34.79% |
2019 | 21.3 | 26.13% |
2018 | 16.9 | -44.17% |
2017 | 30.2 | 64.2% |
2016 | 18.4 | 12.66% |
2015 | 16.3 | -11.81% |
2014 | 18.5 | -4.13% |
2013 | 19.3 | 26.11% |
2012 | 15.3 | 1% |
2011 | 15.2 | -9.99% |
2010 | 16.9 | -13.31% |
2009 | 19.5 | 37.77% |
2008 | 14.1 | -7.96% |
2007 | 15.3 | -21.39% |
2006 | 19.5 | 7.55% |
2005 | 18.1 | -5.74% |
2004 | 19.3 | 12.61% |
2003 | 17.1 | 4.39% |
2002 | 16.4 | -40.84% |
2001 | 27.7 |
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.