Sofina
SOF.VI
#2060
Rank
C$10.85 B
Marketcap
$325.43
Share price
1.48%
Change (1 day)
14.28%
Change (1 year)

P/E ratio for Sofina (SOF.VI)

P/E ratio at the end of 2022: -3.74

According to Sofina 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.8516. At the end of 2022 the company had a P/E ratio of -3.74.

P/E ratio history for Sofina from 2018 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022-3.74-170.95%
20215.27-10.9%
20205.9113.86%
20195.19-14.64%
20186.08

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.