Accent Group
AX1.AX
#6366
Rank
$0.62 B
Marketcap
$1.11
Share price
-1.94%
Change (1 day)
-13.95%
Change (1 year)
Categories

P/E ratio for Accent Group (AX1.AX)

P/E ratio at the end of 2023: 9.76

According to Accent Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.3906. At the end of 2023 the company had a P/E ratio of 9.76.

P/E ratio history for Accent Group from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20239.76-50.12%
202219.620.87%
202116.228.5%
202012.62.2%
201912.3-27.84%
201817.131.77%
201713.0-29.27%
201618.3-32.57%
201527.2199.29%
20149.08-42.33%
201315.8185.83%
20125.51-41.31%
20119.39-25.87%
201012.714.82%
200911.089.17%
20085.83-317.34%
2007-2.68320.45%
2006-0.6382-104.75%
200513.4

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.