Current and historical daily PE Ratio for Saipem SpA (
) from 1998 to May 13 2024. The price to earnings ratio is calculated by taking the current stock price and dividing it by the most recent trailing twelve-month earnings per share (EPS) number. The data is updated every 20 minutes during market hours. The PE ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the PE ratio is positive. Also for stocks with the same PE ratio, the one with faster growth business is more attractive. Saipem SpA stock (SAAYY) PE ratio as of May 13 2024 is 44.02.
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Saipem SpA (SAAYY) PE Ratio (TTM) Chart
Saipem SpA (SAAYY) PE Ratio (TTM) Historical Data
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Saipem SpA (SAAYY) PE Ratio (TTM) Comparison
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Business Description
Business Description
Saipem SpA
NAICS : 213112
SIC : 1382
ISIN : US79376W1099
Share Class Description:
SAAYY: ADRCompare
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Traded in other countries / regions
SPM.Italy0RPI.UKSPEA.GermanySAPMY.USASPM2.Austria IPO Date
1998-03-23Description
Saipem is a conglomerate of oil and gas engineering and construction and drilling services. The company began as the services appendage of oil major Eni, although today Eni as a customer accounts for generally less than 10% of revenue. Saipem is distinguished for leading industry megaprojects like the Nord Stream pipeline carrying large volumes of natural gas from Russia to European markets.
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