P/E ratio for SAIC Motor (600104.SS)
P/E ratio as of May 2024 (TTM): 12.1
According to SAIC Motor 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.0762. At the end of 2022 the company had a P/E ratio of 10.3.
P/E ratio history for SAIC Motor from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.3 | 5.77% |
| 2021 | 9.73 | -30.24% |
| 2020 | 13.9 | 28.15% |
| 2019 | 10.9 | 32.92% |
| 2018 | 8.19 | -24.37% |
| 2017 | 10.8 | 34.05% |
| 2016 | 8.08 | 2.86% |
| 2015 | 7.85 | -7.2% |
| 2014 | 8.46 | 34.66% |
| 2013 | 6.28 | -32.95% |
| 2012 | 9.37 | 21.57% |
| 2011 | 7.71 | -2.24% |
| 2010 | 7.89 | -66.12% |
| 2009 | 23.3 | -56.57% |
| 2008 | 53.6 | 42.24% |
| 2007 | 37.7 | 63.74% |
| 2006 | 23.0 | 90.53% |
| 2005 | 12.1 | 53.55% |
| 2004 | 7.87 | -65.61% |
| 2003 | 22.9 | 41.87% |
| 2002 | 16.1 |
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.