SSE
SSE.L
#874
Rank
$22.16 B
Marketcap
$20.21
Share price
0.50%
Change (1 day)
-13.95%
Change (1 year)

P/E ratio for SSE (SSE.L)

P/E ratio at the end of 2022: 6.08

According to SSE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 6.08.

P/E ratio history for SSE from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20226.08-2.81%
20216.26-102.66%
2020-235-2886.98%
20198.43-42.47%
201814.750.84%
20179.72-67.43%
201629.821.65%
201524.5-29.95%
201435.020.37%
201329.1-43.59%
201251.6712.56%
20116.35-11.2%
20107.15-90.67%
200976.6718.15%
20089.36-11.57%
200710.6-8.72%
200611.623.51%
20059.391.45%
20049.26-29.57%
200313.1-7.54%
200214.210.17%
200112.9

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.