P/E ratio for AspenTech (AZPN)
P/E ratio as of June 2024 (TTM): -126
According to AspenTech's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -126.38. At the end of 2022 the company had a P/E ratio of < -1000.
P/E ratio history for AspenTech from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | < -1000 | -2018.27% |
| 2021 | 76.5 | 161.3% |
| 2020 | 29.3 | -9.48% |
| 2019 | 32.3 | -4% |
| 2018 | 33.7 | 82.14% |
| 2017 | 18.5 | -41.5% |
| 2016 | 31.6 | 30.58% |
| 2015 | 24.2 | -18.44% |
| 2014 | 29.7 | -48.17% |
| 2013 | 57.3 | -81.36% |
| 2012 | 307 | 448.73% |
| 2011 | 56.0 | -492.21% |
| 2010 | -14.3 | -47.58% |
| 2009 | -27.2 | -342.14% |
| 2008 | 11.2 | -81.98% |
| 2007 | 62.4 | 24.54% |
| 2006 | 50.1 | -814.67% |
| 2005 | -7.01 | 138.15% |
| 2004 | -2.94 | -103.73% |
| 2003 | 78.9 | -17864.66% |
| 2002 | -0.4443 | -96.1% |
| 2001 | -11.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 SAP SAP | 33.9 | -126.81% | 🇩🇪 Germany |
 General Electric GE | 19.2 | -115.20% | 🇺🇸 USA |
 Rockwell Automation
ROK | 21.4 | -116.93% | 🇺🇸 USA |
 Honeywell HON | 24.7 | -119.53% | 🇺🇸 USA |
 PTC PTC | 83.6 | -166.14% | 🇺🇸 USA |
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.