P/E ratio for Suncorp (SUN.AX)
P/E ratio at the end of 2022: 20.6
According to Suncorp'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 20.6.
P/E ratio history for Suncorp from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.6 | 52.78% |
| 2021 | 13.5 | 5.17% |
| 2020 | 12.8 | -87.1% |
| 2019 | 99.3 | 459.45% |
| 2018 | 17.8 | -1.15% |
| 2017 | 18.0 | 24.03% |
| 2016 | 14.5 | -3.73% |
| 2015 | 15.0 | -35.65% |
| 2014 | 23.4 | -23.37% |
| 2013 | 30.5 | 113.72% |
| 2012 | 14.3 | -36.64% |
| 2011 | 22.5 | 73.17% |
| 2010 | 13.0 | -35.93% |
| 2009 | 20.3 | -0.09% |
| 2008 | 20.3 | 59.79% |
| 2007 | 12.7 | 11.99% |
| 2006 | 11.4 | -16.23% |
| 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.