P/E ratio for Sabre Resources (SBR.AX)
P/E ratio at the end of 2022: -0.9619
According to Sabre Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.485308. At the end of 2022 the company had a P/E ratio of -0.9619.
P/E ratio history for Sabre Resources from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.9619 | -23.56% |
| 2021 | -1.26 | -60.8% |
| 2020 | -3.21 | 2821.31% |
| 2019 | -0.1099 | -98.46% |
| 2018 | -7.16 | 273.94% |
| 2017 | -1.91 | -48.16% |
| 2016 | -3.69 | -20.52% |
| 2015 | -4.64 | 24.55% |
| 2014 | -3.73 | -75.42% |
| 2013 | -15.2 | 70.73% |
| 2012 | -8.89 | -5.11% |
| 2011 | -9.37 | -71.99% |
| 2010 | -33.4 | 714.5% |
| 2009 | -4.10 | -47.18% |
| 2008 | -7.77 | -71.57% |
| 2007 | -27.3 | 1877.14% |
| 2006 | -1.38 | -83.21% |
| 2005 | -8.23 | 52.34% |
| 2004 | -5.41 | 156% |
| 2003 | -2.11 | 92.31% |
| 2002 | -1.10 | -66.45% |
| 2001 | -3.27 |
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.