P/E ratio for Stockland (SGP.AX)
P/E ratio at the end of 2022: 6.09
According to Stockland's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.92374. At the end of 2022 the company had a P/E ratio of 6.09.
P/E ratio history for Stockland from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.09 | -31.71% |
| 2021 | 8.92 | -101.66% |
| 2020 | -536 | -1856.79% |
| 2019 | 30.5 | 263.5% |
| 2018 | 8.40 | 6.94% |
| 2017 | 7.85 | -28.58% |
| 2016 | 11.0 | 20.55% |
| 2015 | 9.12 | -23.36% |
| 2014 | 11.9 | -77.45% |
| 2013 | 52.8 | 459.11% |
| 2012 | 9.44 | 44.25% |
| 2011 | 6.54 | -54.95% |
| 2010 | 14.5 | -693.94% |
| 2009 | -2.44 | -133% |
| 2008 | 7.41 | 45.77% |
| 2007 | 5.08 | -35.51% |
| 2006 | 7.88 | -56.21% |
| 2005 | 18.0 | 66.4% |
| 2004 | 10.8 | -83.91% |
| 2003 | 67.2 | 360.03% |
| 2002 | 14.6 | 4.63% |
| 2001 | 14.0 |
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.