Sonoco
SON
#2049
Rank
$6.20 B
Marketcap
$63.67
Share price
2.35%
Change (1 day)
0.74%
Change (1 year)

P/E ratio for Sonoco (SON)

P/E ratio as of August 2022 (TTM): 14.7

According to Sonoco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.6755. At the end of 2021 the company had a P/E ratio of -72.2.

P/E ratio history for Sonoco from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-72.2-351.8%
202028.735.38%
201921.225.39%
201816.9-43.94%
201730.163.53%
201618.412.66%
201516.3-11.81%
201418.5-4.13%
201319.326.11%
201215.3

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.