P/E ratio for Saga Communications (SGA)
P/E ratio as of May 2024 (TTM): 14.5
According to Saga Communications's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.4604. At the end of 2022 the company had a P/E ratio of 15.5.
P/E ratio history for Saga Communications from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.5 | 18.79% |
| 2021 | 13.1 | -117.41% |
| 2020 | -75.1 | -650.62% |
| 2019 | 13.6 | -5.64% |
| 2018 | 14.4 | 231.1% |
| 2017 | 4.36 | -73.11% |
| 2016 | 16.2 | -2.52% |
| 2015 | 16.6 | -0.85% |
| 2014 | 16.8 | -10.22% |
| 2013 | 18.7 | 56.43% |
| 2012 | 12.0 | -4.49% |
| 2011 | 12.5 | 71.52% |
| 2010 | 7.30 | -136.66% |
| 2009 | -19.9 | 4137.3% |
| 2008 | -0.4697 | -104.47% |
| 2007 | 10.5 | -34.33% |
| 2006 | 16.0 | -23.38% |
| 2005 | 20.9 | -5.72% |
| 2004 | 22.2 | -19.83% |
| 2003 | 27.7 | -1.31% |
| 2002 | 28.0 | -28.93% |
| 2001 | 39.4 |
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.