P/E ratio for Ace Hardware Indonesia (ACES.JK)
P/E ratio as of April 2024 (TTM): 21.6
According to Ace Hardware Indonesia's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.6249. At the end of 2022 the company had a P/E ratio of 12.8.
P/E ratio history for Ace Hardware Indonesia from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.8 | -58.9% |
| 2021 | 31.1 | -22.32% |
| 2020 | 40.0 | 59.47% |
| 2019 | 25.1 | -4.87% |
| 2018 | 26.4 | 4.18% |
| 2017 | 25.3 | 26.41% |
| 2016 | 20.0 | -16.22% |
| 2015 | 23.9 | 0.13% |
| 2014 | 23.9 | 20.18% |
| 2013 | 19.9 | -39.48% |
| 2012 | 32.8 |
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.