P/E ratio for Surgutneftegas (SNGS.ME)
P/E ratio as of April 2024 (TTM): 6.45
According to Surgutneftegas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.44925. At the end of 2020 the company had a P/E ratio of 1.76.
P/E ratio history for Surgutneftegas from 2011 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 1.76 | -89.73% |
| 2019 | 17.2 | 1383.67% |
| 2018 | 1.16 | -82.62% |
| 2017 | 6.65 | -163.04% |
| 2016 | -10.6 | -753.38% |
| 2015 | 1.62 | 71.43% |
| 2014 | 0.9424 | -76.1% |
| 2013 | 3.94 | -33.71% |
| 2012 | 5.95 | 51.66% |
| 2011 | 3.92 |
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.