P/E ratio for S&P Global (SPGI)
P/E ratio as of March 2023 (TTM): 27.9
According to S&P Global's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.9467. At the end of 2021 the company had a P/E ratio of 37.6.
P/E ratio history for S&P Global from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 37.6 | 10.99% |
| 2020 | 33.9 | 7.25% |
| 2019 | 31.6 | 44.89% |
| 2018 | 21.8 | -25.15% |
| 2017 | 29.1 | 117.07% |
| 2016 | 13.4 | -42.19% |
| 2015 | 23.2 | -110.95% |
| 2014 | -212 | -1446.46% |
| 2013 | 15.7 | -55.1% |
| 2012 | 35.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Perion Network PERI | 17.5 | -37.56% | 🇮🇱 Israel |
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.