P/E ratio for Svenska Cellulosa Aktiebolaget (SCA) (SCA-B.ST)
P/E ratio as of May 2024 (TTM): 27.4
According to Svenska Cellulosa Aktiebolaget (SCA)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.3964. At the end of 2022 the company had a P/E ratio of 13.7.
P/E ratio history for Svenska Cellulosa Aktiebolaget (SCA) from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.7 | -27.65% |
| 2021 | 19.0 | -85.56% |
| 2020 | 131 | 2958.36% |
| 2019 | 4.30 | -67.53% |
| 2018 | 13.2 | 3062.24% |
| 2017 | 0.4187 | -93.67% |
| 2016 | 6.61 | 31.07% |
| 2015 | 5.04 | 37.45% |
| 2014 | 3.67 | -28.23% |
| 2013 | 5.11 | 24% |
| 2012 | 4.12 | -84.35% |
| 2011 | 26.3 | 859.24% |
| 2010 | 2.75 | -4.39% |
| 2009 | 2.87 |
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.