Sandvik AB (publ)
SAND.ST

$22.5 B
Marketcap
$17.94
Share price
Country
$0.09
Change (1 day)
$22.32
Year High
$17.65
Year Low

Sandvik AB (publ) operates as an engineering company in the areas of mining and rock excavation, rock processing, manufacturing and machining, and materials technology in Sweden and internationally. The company offers mining and rock solutions, including drill rigs, underground loaders and trucks, rock drills and other tools, and parts and services, as well as digital and sustainability solutions; and rock processing applications, which include crushing, screening, feeding, breaking, demolition, and recycling. It also provides manufacturing solutions, comprising traditional metal cutting under the Sandvik Coromant, Walter, Wolfram, Seco, and Dormer Pramet brands; and manufactures tools and tooling systems for advanced metal cutting. In addition, the company develops and manufactures advanced stainless steels, powder-based alloys, and special alloys. It serves aerospace, automotive, construction, mining, general engineering, nuclear power generation, oil and gas, process, and renewable energy industries. The company was founded in 1862 and is headquartered in Stockholm, Sweden.

marketcap

P/E ratio for Sandvik AB (publ) (SAND.ST)

P/E ratio as of 2023: 17.88

According to Sandvik AB (publ)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.88. At the end of 2022 the company had a P/E ratio of 21.08.

P/E ratio history for Sandvik AB (publ) from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 17.88
2022 21.08
2021 21.91
2020 28.91
2019 26.83
2018 12.41
2017 13.70
2016 25.67
2015 41.34
2014 15.94
2013 22.70
2012 16.19
2011 17.09
2010 23.44
2009 -39.48
2008 7.42
2007 13.79
2006 14.85
2005 14.09