Washington H. Soul Pattinson and Company (Soul Patts)
SOL.AX
#1977
Rank
ยฃ6.18 B
Marketcap
ยฃ16.81
Share price
0.06%
Change (1 day)
-3.31%
Change (1 year)

P/E ratio for Washington H. Soul Pattinson and Company (Soul Patts) (SOL.AX)

P/E ratio at the end of 2022: -534

According to Washington H. Soul Pattinson and Company (Soul Patts) 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -717.747. At the end of 2022 the company had a P/E ratio of -534.

P/E ratio history for Washington H. Soul Pattinson and Company (Soul Patts) from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022-534-2292.67%
202124.3455.91%
20204.38-78.04%
201919.921.35%
201816.466.81%
20179.85-57.76%
201623.3-31.56%
201534.185.38%
201418.4-12.13%
201320.960.02%
201213.1171.88%
20114.81-50.63%
20109.74452.7%
20091.76-90.47%
200818.539.2%
200713.3-19.7%
200616.6217.2%
20055.22-51.55%
200410.8-29.53%
200315.3-1.58%
200215.5-21.24%
200119.7

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.