P/E ratio for SP Group A/S (SPG.CO)
P/E ratio as of May 2024 (TTM): 17.7
According to SP Group A/S's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.6587. At the end of 2022 the company had a P/E ratio of 14.7.
P/E ratio history for SP Group A/S from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.7 | -44.7% |
| 2021 | 26.5 | 25.74% |
| 2020 | 21.1 | 9.54% |
| 2019 | 19.3 | 40.08% |
| 2018 | 13.7 | -25.7% |
| 2017 | 18.5 | 14.9% |
| 2016 | 16.1 | 24.9% |
| 2015 | 12.9 | 16.67% |
| 2014 | 11.0 | -4.37% |
| 2013 | 11.6 | 43.57% |
| 2012 | 8.05 | -0.27% |
| 2011 | 8.07 | 1.1% |
| 2010 | 7.98 | -225.36% |
| 2009 | -6.36 | -3.16% |
| 2008 | -6.57 | -123.98% |
| 2007 | 27.4 | -6.42% |
| 2006 | 29.3 | -27.18% |
| 2005 | 40.2 | -1008.53% |
| 2004 | -4.43 | -121.27% |
| 2003 | 20.8 |
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.