P/E ratio for Alpha Group International (ALPH.L)
P/E ratio at the end of 2021: 36.4
According to Alpha Group International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3724.86. At the end of 2021 the company had a P/E ratio of 36.4.
P/E ratio history for Alpha Group International from 2017 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 36.4 | -5.26% |
| 2020 | 38.4 | -12.92% |
| 2019 | 44.1 | 69.22% |
| 2018 | 26.1 | -19.62% |
| 2017 | 32.4 |
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.