Snam
SRG.MI
#1217
Rank
โ‚น1.263 T
Marketcap
โ‚น376.85
Share price
0.28%
Change (1 day)
-12.01%
Change (1 year)

P/E ratio for Snam (SRG.MI)

P/E ratio as of December 2024 (TTM): 20.6

According to Snam's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.551. At the end of 2022 the company had a P/E ratio of 22.4.

P/E ratio history for Snam from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202222.492.92%
202111.6-15.2%
202013.7-3.67%
201914.22.78%
201813.8-11.38%
201715.6-1.73%
201615.812.22%
201514.119.51%
201411.8-22.21%
201315.2-2.74%
201215.65.6%
201114.830.06%
201011.4

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.