P/E ratio for A2A (A2A.MI)
P/E ratio as of May 2024 (TTM): 23.4
According to A2A's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.4119. At the end of 2015 the company had a P/E ratio of 53.4.
P/E ratio history for A2A from 2009 to 2016
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2015 | 53.4 | -178.73% |
| 2014 | -67.9 | -260.97% |
| 2013 | 42.2 | 662.9% |
| 2012 | 5.53 | -204.1% |
| 2011 | -5.31 | -147.89% |
| 2010 | 11.1 | -80.52% |
| 2009 | 56.9 |
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.