P/E ratio for Afristrat Investment (ATI.JO)
P/E ratio as of June 2024 (TTM): -0.5426
According to Afristrat Investment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.542558. At the end of 2021 the company had a P/E ratio of -0.6872.
P/E ratio history for Afristrat Investment from 2020 to 2020
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -0.6872 | |
| 2019 | -0.6030 | -104.11% |
| 2018 | 14.7 | |
| 2015 | 7.68 | -22.02% |
| 2014 | 9.85 | -48.93% |
| 2013 | 19.3 | |
| 2010 | -0.5033 | 12.93% |
| 2009 | -0.4457 | -16.54% |
| 2008 | -0.5340 |
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.