P/E ratio for Aena (AENA.MC)
P/E ratio as of June 2023 (TTM): -149
According to Aena's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -148.619. At the end of 2021 the company had a P/E ratio of -347.
P/E ratio history for Aena from 2017 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -347 | 105.11% |
| 2020 | -169 | -1039.49% |
| 2019 | 18.0 | 16.32% |
| 2018 | 15.5 | -24.8% |
| 2017 | 20.6 | 23.21% |
| 2016 | 16.7 | -12.2% |
| 2015 | 19.0 |
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.