South State Corp
SSB
#1956
Rank
โ‚น701.90 B
Marketcap
โ‚น9,200
Share price
2.03%
Change (1 day)
49.88%
Change (1 year)

P/E ratio for South State Corp (SSB)

P/E ratio as of November 2024 (TTM): 15.5

According to South State Corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.4886. At the end of 2022 the company had a P/E ratio of 11.5.

P/E ratio history for South State Corp from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.5-3.1%
202111.9-78.33%
202054.8240.95%
201916.131.04%
201812.3-57.8%
201729.140.26%
201620.719.46%
201517.3-19.62%
201421.6-19.9%
201326.938.05%
201219.510.94%
201117.6121.18%
20107.95-78.47%
200936.963.73%
200822.565.9%
200713.6-29.19%
200619.218.17%
200516.2-15.37%
200419.222.89%
200315.622.74%
200212.715.31%
200111.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.0 3.42%๐Ÿ‡บ๐Ÿ‡ธ USA
13.4-13.37%๐Ÿ‡บ๐Ÿ‡ธ USA
11.5-25.78%๐Ÿ‡บ๐Ÿ‡ธ USA
25.9 67.39%๐Ÿ‡บ๐Ÿ‡ธ 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.