Sanlam
SLM.JO
#1632
Rank
A$16.62 B
Marketcap
$8.07
Share price
0.73%
Change (1 day)
33.18%
Change (1 year)

P/E ratio for Sanlam (SLM.JO)

P/E ratio at the end of 2022: 8.16

According to Sanlam's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.6853. At the end of 2022 the company had a P/E ratio of 8.16.

P/E ratio history for Sanlam from 2002 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20228.16-31.31%
202111.9-91.61%
2020141648.12%
201918.966.95%
201811.30.13%
201711.39.87%
201610.3-9.36%
201511.47.4%
201410.640.52%
20137.531.53%
20127.4148.26%
20115.0033.07%
20103.76-13.34%
20094.34-41.52%
20087.41113.94%
20073.4748.72%
20062.3386.23%
20051.25-67.52%
20043.8583280.66%
20030.0046-100.01%
2002-35.1

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.