P/E ratio for Sweco (SWEC-A.ST)
P/E ratio as of May 2024 (TTM): 23.5
According to Sweco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.5376. At the end of 2022 the company had a P/E ratio of 21.7.
P/E ratio history for Sweco from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.7 | -46.66% |
| 2021 | 40.7 | -2.61% |
| 2020 | 41.8 | 37.57% |
| 2019 | 30.4 | 67.86% |
| 2018 | 18.1 | 1.48% |
| 2017 | 17.8 | -37.55% |
| 2016 | 28.5 | 1.43% |
| 2015 | 28.1 | 48.41% |
| 2014 | 19.0 | -23.62% |
| 2013 | 24.8 | 77.51% |
| 2012 | 14.0 | 0.81% |
| 2011 | 13.9 | -29.38% |
| 2010 | 19.6 | -6.58% |
| 2009 | 21.0 |
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.