Adaro Energy
ADRO.JK
#2653
Rank
$4.89 B
Marketcap
$0.16
Share price
2.89%
Change (1 day)
-20.00%
Change (1 year)

P/E ratio for Adaro Energy (ADRO.JK)

P/E ratio as of March 2024 (TTM): 1.82

According to Adaro Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.82304. At the end of 2022 the company had a P/E ratio of 3.09.

P/E ratio history for Adaro Energy from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20223.09-42.56%
20215.38-76.11%
202022.5154.83%
20198.8438.26%
20186.39-29.67%
20179.09-24.2%
201612.053.79%
20157.80-48.22%
201415.123.39%
201312.2-18.75%
201215.032.26%
201111.4-72.29%
201041.0223.52%
200912.7

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.