P/E ratio for SSE (SSE.L)
P/E ratio at the end of 2022: 6.08
According to SSE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 6.08.
P/E ratio history for SSE from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.08 | -2.81% |
| 2021 | 6.26 | -102.66% |
| 2020 | -235 | -2886.98% |
| 2019 | 8.43 | -42.47% |
| 2018 | 14.7 | 50.84% |
| 2017 | 9.72 | -67.43% |
| 2016 | 29.8 | 21.65% |
| 2015 | 24.5 | -29.95% |
| 2014 | 35.0 | 20.37% |
| 2013 | 29.1 | -43.59% |
| 2012 | 51.6 | 712.56% |
| 2011 | 6.35 | -11.2% |
| 2010 | 7.15 | -90.67% |
| 2009 | 76.6 | 718.15% |
| 2008 | 9.36 | -11.57% |
| 2007 | 10.6 | -8.72% |
| 2006 | 11.6 | 23.51% |
| 2005 | 9.39 | 1.45% |
| 2004 | 9.26 | -29.57% |
| 2003 | 13.1 | -7.54% |
| 2002 | 14.2 | 10.17% |
| 2001 | 12.9 |
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.