P/E ratio for Swedbank (SWED-A.ST)
P/E ratio as of April 2024 (TTM): 7.10
According to Swedbank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.09803. 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 |
|---|---|---|
| 2022 | 9.31 | -4.88% |
| 2021 | 9.79 | -21.58% |
| 2020 | 12.5 | 57.66% |
| 2019 | 7.91 | -24.23% |
| 2018 | 10.4 | -8.26% |
| 2017 | 11.4 | -9.03% |
| 2016 | 12.5 | -4.8% |
| 2015 | 13.1 | 0.41% |
| 2014 | 13.1 | -26.35% |
| 2013 | 17.8 | 66.98% |
| 2012 | 10.6 | 13.35% |
| 2011 | 9.39 | -35.6% |
| 2010 | 14.6 | -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.