P/E ratio for Auckland Airport (AIA.AX)
P/E ratio at the end of 2022: 54.3
According to Auckland Airport's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 58.2874. At the end of 2022 the company had a P/E ratio of 54.3.
P/E ratio history for Auckland Airport from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 54.3 | 164.4% |
| 2021 | 20.6 | -48.71% |
| 2020 | 40.1 | 89.1% |
| 2019 | 21.2 | 87.93% |
| 2018 | 11.3 | -49.43% |
| 2017 | 22.3 | -14.1% |
| 2016 | 26.0 | 13.72% |
| 2015 | 22.8 | 38.15% |
| 2014 | 16.5 | 2.9% |
| 2013 | 16.1 | 8.86% |
| 2012 | 14.8 | -16.71% |
| 2011 | 17.7 | -71.23% |
| 2010 | 61.6 | 58.24% |
| 2009 | 38.9 | 164% |
| 2008 | 14.7 | -57.44% |
| 2007 | 34.6 | 50.92% |
| 2006 | 22.9 | -3.88% |
| 2005 | 23.9 | 15.43% |
| 2004 | 20.7 | 3.07% |
| 2003 | 20.1 | 13.6% |
| 2002 | 17.7 | 4.77% |
| 2001 | 16.9 |
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.