Swedbank
SWED-A.ST
#844
Rank
$22.90 B
Marketcap
$20.35
Share price
1.11%
Change (1 day)
25.25%
Change (1 year)

P/E ratio for Swedbank (SWED-A.ST)

P/E ratio as of May 2024 (TTM): 7.47

According to Swedbank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.47379. At the end of 2022 the company had a P/E ratio of 9.31.

P/E ratio history for Swedbank from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.31-4.88%
20219.79-21.58%
202012.557.66%
20197.91-24.23%
201810.4-8.26%
201711.4-9.03%
201612.5-4.8%
201513.10.41%
201413.1-26.35%
201317.866.98%
201210.613.35%
20119.39-35.6%
201014.6-319.02%
2009-6.66

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.