South32
S32.AX
#1584
Rank
NZ$18.42 B
Marketcap
$4.09
Share price
-2.50%
Change (1 day)
20.38%
Change (1 year)

P/E ratio for South32 (S32.AX)

P/E ratio at the end of 2022: 4.69

According to South32's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.25545. At the end of 2022 the company had a P/E ratio of 4.69.

P/E ratio history for South32 from 2015 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20224.69-110.02%
2021-46.7-53.44%
2020-100-465.56%
201927.5197.01%
20189.2517.62%
20177.86-332.56%
2016-3.38-21.5%
2015-4.31

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.