P/E ratio for South32 (S32.AX)
P/E ratio at the end of 2022: 7.09
According to South32's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.67596. At the end of 2022 the company had a P/E ratio of 7.09.
P/E ratio history for South32 from 2015 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.09 | -110.02% |
| 2021 | -70.7 | -53.44% |
| 2020 | -152 | -465.56% |
| 2019 | 41.6 | 197.01% |
| 2018 | 14.0 | 17.62% |
| 2017 | 11.9 | -332.56% |
| 2016 | -5.12 | -21.5% |
| 2015 | -6.52 |
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.