According to ABC-Mart's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.80458. At the end of 2022 the company had a P/E ratio of 10.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 10.8 | 57.43% |
2021 | 6.87 | -29.18% |
2020 | 9.69 | 12.6% |
2019 | 8.61 | 23.85% |
2018 | 6.95 | -13.67% |
2017 | 8.05 | -4.48% |
2016 | 8.43 | -2.13% |
2015 | 8.61 | 12.04% |
2014 | 7.69 | 5.22% |
2013 | 7.31 | 22.57% |
2012 | 5.96 | -32.74% |
2011 | 8.86 | 8.34% |
2010 | 8.18 |
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.