SAIC
SAIC
#2408
Rank
C$8.59 B
Marketcap
$173.63
Share price
-0.46%
Change (1 day)
8.71%
Change (1 year)

P/E ratio for SAIC (SAIC)

P/E ratio as of November 2024 (TTM): 13.4

According to SAIC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.4387. At the end of 2022 the company had a P/E ratio of 23.0.

P/E ratio history for SAIC from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202223.040.97%
202116.3-38.76%
202026.7-18.82%
201932.8138.68%
201813.8-32.44%
201720.4-25.07%
201627.261.49%
201516.8-1.11%
201417.0-38.7%
201327.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
19.3 43.82%๐Ÿ‡บ๐Ÿ‡ธ USA
-150-1,217.28%๐Ÿ‡บ๐Ÿ‡ธ USA
< -1000-9,080.93%๐Ÿ‡บ๐Ÿ‡ธ USA

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.