P/E ratio for Subsea 7 (SUBC.OL)
P/E ratio as of May 2024 (TTM): 166
According to Subsea 7 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 165.6. At the end of 2022 the company had a P/E ratio of 57.9.
P/E ratio history for Subsea 7 from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 57.9 | -11.33% |
| 2021 | 65.3 | -2425.8% |
| 2020 | -2.81 | -93.87% |
| 2019 | -45.8 | -365.85% |
| 2018 | 17.2 | 59.68% |
| 2017 | 10.8 | 14.14% |
| 2016 | 9.45 | -105.26% |
| 2015 | -179 | 1673.63% |
| 2014 | -10.1 | -155.55% |
| 2013 | 18.2 | 86.71% |
| 2012 | 9.76 | -32.82% |
| 2011 | 14.5 | -14.15% |
| 2010 | 16.9 | 42.95% |
| 2009 | 11.8 | 246.38% |
| 2008 | 3.42 | -89.84% |
| 2007 | 33.6 | 112.7% |
| 2006 | 15.8 | 0.53% |
| 2005 | 15.7 |
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.