P/E ratio for Sanlam (SLM.JO)
P/E ratio at the end of 2022: 7.70
According to Sanlam's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.751. At the end of 2022 the company had a P/E ratio of 7.70.
P/E ratio history for Sanlam from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.70 | -31.31% |
| 2021 | 11.2 | -91.61% |
| 2020 | 134 | 648.12% |
| 2019 | 17.9 | 66.95% |
| 2018 | 10.7 | 0.13% |
| 2017 | 10.7 | 9.87% |
| 2016 | 9.72 | -9.36% |
| 2015 | 10.7 | 7.4% |
| 2014 | 9.98 | 40.52% |
| 2013 | 7.11 | 1.53% |
| 2012 | 7.00 | 48.26% |
| 2011 | 4.72 | 33.07% |
| 2010 | 3.55 | -13.34% |
| 2009 | 4.09 | -41.52% |
| 2008 | 7.00 | 113.94% |
| 2007 | 3.27 | 48.72% |
| 2006 | 2.20 | 86.23% |
| 2005 | 1.18 | -67.52% |
| 2004 | 3.64 | 83280.66% |
| 2003 | 0.0044 | -100.01% |
| 2002 | -33.1 |
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.