Spar Nord Bank A/S
SPNO.CO
#3400
Rank
HK$25.51 B
Marketcap
HK$223.40
Share price
0.00%
Change (1 day)
82.78%
Change (1 year)

P/E ratio for Spar Nord Bank A/S (SPNO.CO)

P/E ratio as of December 2024 (TTM): 10.1

According to Spar Nord Bank A/S's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.1134. At the end of 2022 the company had a P/E ratio of 9.42.

P/E ratio history for Spar Nord Bank A/S from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.4219.39%
20217.89-24.82%
202010.532.96%
20197.894.62%
20187.54-19.46%
20179.36-22.55%
201612.140.71%
20158.59-27.42%
201411.83.45%
201311.4-6.87%
201212.387.19%
20116.56-79.56%
201032.127.26%
200925.2

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.