P/E ratio for Standard Chartered (STAN.L)
P/E ratio as of June 2023 (TTM): 675
According to Standard Chartered's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 674.532. At the end of 2021 the company had a P/E ratio of 8.84.
P/E ratio history for Standard Chartered from 2019 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 8.84 | -83.93% |
| 2020 | 55.0 | 260.4% |
| 2019 | 15.3 | -61.17% |
| 2018 | 39.3 | -2.31% |
| 2017 | 40.2 | -172.53% |
| 2016 | -55.5 | 642.95% |
| 2015 | -7.47 | -165.65% |
| 2014 | 11.4 | 13.77% |
| 2013 | 10.00 | 2.31% |
| 2012 | 9.77 | 14.89% |
| 2011 | 8.50 | -21.27% |
| 2010 | 10.8 | -7.38% |
| 2009 | 11.7 | 121.65% |
| 2008 | 5.26 | -58.31% |
| 2007 | 12.6 | 17.97% |
| 2006 | 10.7 | 1.24% |
| 2005 | 10.6 | 16.51% |
| 2004 | 9.07 | -33.47% |
| 2003 | 13.6 | -8.25% |
| 2002 | 14.9 | -16.42% |
| 2001 | 17.8 |
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.