P/E ratio for Scandinavian Airlines System (SAS) (SAS.ST)
P/E ratio as of May 2024 (TTM): -0.0361
According to Scandinavian Airlines System (SAS)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0361002. At the end of 2022 the company had a P/E ratio of -0.7301.
P/E ratio history for Scandinavian Airlines System (SAS) from 2010 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.7301 | -57.21% |
| 2021 | -1.71 | 2235.8% |
| 2020 | -0.0731 | -102.81% |
| 2019 | 2.60 | -52.69% |
| 2018 | 5.49 | -47.46% |
| 2017 | 10.5 | 104.91% |
| 2016 | 5.10 | -43.1% |
| 2015 | 8.97 | -345.89% |
| 2014 | -3.65 | -110.48% |
| 2013 | 34.8 | |
| 2011 | -1.56 | -46.01% |
| 2010 | -2.89 | 3.44% |
| 2009 | -2.79 | -382.42% |
| 2008 | 0.9887 | -95.35% |
| 2007 | 21.3 | 412.63% |
| 2006 | 4.15 | -95.79% |
| 2005 | 98.6 | -1858.1% |
| 2004 | -5.61 | -29.08% |
| 2003 | -7.91 | -87.04% |
| 2002 | -61.0 |
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.