P/E ratio for Sporting Clube de Portugal (SCP.LS)
P/E ratio as of May 2024 (TTM): 2.74
According to Sporting Clube de Portugal's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.73989. At the end of 2021 the company had a P/E ratio of -3.60.
P/E ratio history for Sporting Clube de Portugal from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -3.60 | -117.5% |
| 2020 | 20.6 | -563.06% |
| 2019 | -4.45 | 178.44% |
| 2018 | -1.60 | -54.7% |
| 2017 | -3.53 | -523.73% |
| 2016 | 0.8322 | -132.28% |
| 2015 | -2.58 | -385.22% |
| 2014 | 0.9040 | -148.83% |
| 2013 | -1.85 | 1343.87% |
| 2012 | -0.1282 |
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.