Safestore
SAFE.L
#4399
Rank
C$2.49 B
Marketcap
$1,141
Share price
1.32%
Change (1 day)
8,411.26%
Change (1 year)

P/E ratio for Safestore (SAFE.L)

P/E ratio at the end of 2022: 4.86

According to Safestore's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32413.6. At the end of 2022 the company had a P/E ratio of 4.86.

P/E ratio history for Safestore from 2007 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20224.86-23.66%
20216.37-34.9%
20209.78-15.86%
201911.674.91%
20186.65-45.11%
201712.130.85%
20169.2672.77%
20155.36-25.98%
20147.24241.88%
20132.12-109.89%
2012-21.4-272.26%
201112.461.86%
20107.68-100.93%
2009-822-7467.28%
200811.2335.41%
20072.56

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.