P/E ratio for Suncorp (SUN.AX)
P/E ratio at the end of 2021: 12.5
According to Suncorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.5009. At the end of 2021 the company had a P/E ratio of 12.5.
P/E ratio history for Suncorp from 2001 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 12.5 | -3.82% |
| 2020 | 13.0 | -86.81% |
| 2019 | 98.6 | 489.35% |
| 2018 | 16.7 | 2.68% |
| 2017 | 16.3 | 20.56% |
| 2016 | 13.5 | -1.12% |
| 2015 | 13.7 | -21.02% |
| 2014 | 17.3 | -25.71% |
| 2013 | 23.3 | 139.71% |
| 2012 | 9.71 | -33.83% |
| 2011 | 14.7 | 36.25% |
| 2010 | 10.8 | -38.61% |
| 2009 | 17.5 | 18.73% |
| 2008 | 14.8 | 43.35% |
| 2007 | 10.3 | -3.22% |
| 2006 | 10.7 | -21.41% |
| 2005 | 13.6 | 7.73% |
| 2004 | 12.6 | -25.78% |
| 2003 | 17.0 | -19.51% |
| 2002 | 21.1 | 49.65% |
| 2001 | 14.1 |
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.