P/E ratio for Sydbank A/S (SYDB.CO)
P/E ratio as of May 2024 (TTM): 7.54
According to Sydbank A/S's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.54143. At the end of 2022 the company had a P/E ratio of 9.09.
P/E ratio history for Sydbank A/S from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.09 | 1.06% |
| 2021 | 8.99 | -14.43% |
| 2020 | 10.5 | 0.72% |
| 2019 | 10.4 | 16.58% |
| 2018 | 8.95 | -19.79% |
| 2017 | 11.2 | 6.37% |
| 2016 | 10.5 | -25.29% |
| 2015 | 14.0 | 5.54% |
| 2014 | 13.3 | -76.91% |
| 2013 | 57.6 | 262.48% |
| 2012 | 15.9 | -54.14% |
| 2011 | 34.7 |
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.