P/E ratio for Sonoco (SON)

P/E ratio history for Sonoco from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Silgan Holdings SLGN	20.9	106.34%	🇺🇸 USA
Rocket Companies RKT	-91.4	-1,002.95%	🇺🇸 USA
Greif GEF	10.2	1.23%	🇺🇸 USA
Crown Holdings CCK	22.1	118.45%	🇺🇸 USA
Sealed Air SEE	16.5	62.71%	🇺🇸 USA
Hasbro HAS	-15.8	-256.22%	🇺🇸 USA
3M MMM	-9.77	-196.52%	🇺🇸 USA

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.