According to Savola Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.71707. At the end of 2023 the company had a P/E ratio of 38.5.
Year | P/E ratio | Change |
---|---|---|
2023 | 38.5 | 322.39% |
2022 | 9.11 | -73.47% |
2021 | 34.3 | 202.52% |
2020 | 11.4 | -33.39% |
2019 | 17.0 | -237.67% |
2018 | -12.4 | -233.97% |
2017 | 9.24 | -133.95% |
2016 | -27.2 | -505.18% |
2015 | 6.72 | -27.37% |
2014 | 9.25 | 9.6% |
2013 | 8.44 | 130.63% |
2012 | 3.66 | 2.39% |
2011 | 3.57 | -63.01% |
2010 | 9.66 |
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.