SalMar ASA
SALM.OL
#2328
Rank
S$8.56 B
Marketcap
$64.91
Share price
0.46%
Change (1 day)
-11.05%
Change (1 year)
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P/E ratio for SalMar ASA (SALM.OL)

P/E ratio as of December 2024 (TTM): 51.4

According to SalMar ASA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 51.4034. At the end of 2022 the company had a P/E ratio of 13.9.

P/E ratio history for SalMar ASA from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.9-48.24%
202126.9-6.49%
202028.741.13%
201920.450.15%
201813.611.24%
201712.211.02%
201611.0-30.2%
201515.731.44%
201412.0155.78%
20134.68-57.37%
201211.0-51.33%
201122.6236.7%
20106.70-33.3%
200910.0

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.