P/E ratio for Sonoco (SON)
P/E ratio as of April 2024 (TTM): 11.3
According to Sonoco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.2882. At the end of 2022 the company had a P/E ratio of 12.7.
P/E ratio history for Sonoco from 2001 to 2023
PE ratio at the end of each year
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Hasbro HAS | -16.2 | -243.66% | 🇺🇸 USA |
 3M MMM | -6.90 | -161.11% | 🇺🇸 USA |
 Sealed Air
SEE | 14.7 | 30.09% | 🇺🇸 USA |
 Silgan Holdings
SLGN | 18.1 | 60.61% | 🇺🇸 USA |
 Greif GEF | 9.26 | -17.93% | 🇺🇸 USA |
 Crown Holdings
CCK | 18.5 | 64.31% | 🇺🇸 USA |
 Rocket Companies
RKT | -73.8 | -753.99% | 🇺🇸 USA |
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.