Saga
SAGA.L
#7921
Rank
ยฃ0.16 B
Marketcap
ยฃ1.12
Share price
4.30%
Change (1 day)
-11.98%
Change (1 year)

P/E ratio for Saga (SAGA.L)

P/E ratio at the end of 2024: -1.78

According to Saga's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -138.04. At the end of 2024 the company had a P/E ratio of -1.78.

P/E ratio history for Saga from 2015 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-1.7876.54%
2023-1.01-92.86%
2022-14.1302.01%
2021-3.51132.82%
2020-1.51-80.01%
2019-7.55-186.56%
20188.72-35.81%
201713.6-2.21%
201613.9-218.08%
2015-11.8

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.