P/E ratio for Sunoco (SUN)
P/E ratio as of May 2024 (TTM): 10.0
According to Sunoco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10. At the end of 2022 the company had a P/E ratio of 9.07.
P/E ratio history for Sunoco from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.07 | 18.89% |
| 2021 | 7.63 | -57.04% |
| 2020 | 17.8 | 65.46% |
| 2019 | 10.7 | -223.6% |
| 2018 | -8.69 | -111.62% |
| 2017 | 74.7 | -1561.94% |
| 2016 | -5.11 | -122.72% |
| 2015 | 22.5 | -22.22% |
| 2014 | 28.9 | 47.74% |
| 2013 | 19.6 | -37.28% |
| 2012 | 31.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 World Fuel Services
INT | 12.9 | 29.04% | 🇺🇸 USA |
 NOW Inc. DNOW | 11.9 | 18.57% | 🇺🇸 USA |
 MSC Industrial Direct MSM | 14.2 | 41.90% | 🇺🇸 USA |
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.