P/E ratio for Swedish Match (SWMA.ST)
P/E ratio as of April 2024 (TTM): 25.5
According to Swedish Match 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.463. At the end of 2021 the company had a P/E ratio of 18.1.
P/E ratio history for Swedish Match from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 18.1 | -13.59% |
| 2020 | 21.0 | 0.95% |
| 2019 | 20.8 | 24.22% |
| 2018 | 16.7 | -2.2% |
| 2017 | 17.1 | 61.74% |
| 2016 | 10.6 | -48.95% |
| 2015 | 20.7 | 12.04% |
| 2014 | 18.5 | 22.01% |
| 2013 | 15.2 | -2.11% |
| 2012 | 15.5 | -22.41% |
| 2011 | 20.0 | 34.55% |
| 2010 | 14.8 | 21.82% |
| 2009 | 12.2 | -2.11% |
| 2008 | 12.4 | -35.55% |
| 2007 | 19.3 | 22.49% |
| 2006 | 15.8 | -5.42% |
| 2005 | 16.7 | 21.43% |
| 2004 | 13.7 | -12.61% |
| 2003 | 15.7 | -6% |
| 2002 | 16.7 | 2.35% |
| 2001 | 16.3 |
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.