Accent Group
AX1.AX
#5743
Rank
$0.87 B
Marketcap
$1.54
Share price
1.30%
Change (1 day)
20.18%
Change (1 year)
Categories

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

P/E ratio at the end of 2023: 15.5

According to Accent Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.4538. At the end of 2023 the company had a P/E ratio of 15.5.

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

PE ratio at the end of each year

Year P/E ratio Change
202315.5-50.12%
202231.020.87%
202125.728.5%
202020.02.2%
201919.5-27.84%
201827.131.77%
201720.6-29.27%
201629.1-32.57%
201543.1199.29%
201414.4-42.33%
201325.0185.83%
20128.74-41.31%
201114.9-25.87%
201020.114.82%
200917.589.17%
20089.24-317.34%
2007-4.25320.45%
2006-1.01-104.75%
200521.3

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.