P/E ratio for AAK (AAK.ST)
P/E ratio as of April 2024 (TTM): 24.5
According to AAK 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.4864. At the end of 2022 the company had a P/E ratio of 26.0.
P/E ratio history for AAK from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 26.0 | -25.58% |
| 2021 | 34.9 | 29.44% |
| 2020 | 27.0 | -11.14% |
| 2019 | 30.4 | 28.73% |
| 2018 | 23.6 | -5.11% |
| 2017 | 24.9 | -1.65% |
| 2016 | 25.3 | -10.67% |
| 2015 | 28.3 | 43.66% |
| 2014 | 19.7 | -14.59% |
| 2013 | 23.1 | 30.89% |
| 2012 | 17.6 | 34.42% |
| 2011 | 13.1 | 0.3% |
| 2010 | 13.1 | 68.11% |
| 2009 | 7.78 |
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.