P/E ratio for Afcon Holdings (AFHL.TA)
P/E ratio as of April 2025 (TTM): 31.0
According to Afcon Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.0384. At the end of 2023 the company had a P/E ratio of -58.1.
P/E ratio history for Afcon Holdings from 2014 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -58.1 | 335.09% |
| 2022 | -13.4 | -277.72% |
| 2021 | 7.52 | -81.35% |
| 2020 | 40.3 | -243.11% |
| 2019 | -28.2 | -251.94% |
| 2018 | 18.5 | 31.19% |
| 2017 | 14.1 | -17.35% |
| 2016 | 17.1 | 95.12% |
| 2015 | 8.76 | 20.39% |
| 2014 | 7.28 | -14.74% |
| 2013 | 8.54 | 68.82% |
| 2012 | 5.06 | 7.13% |
| 2011 | 4.72 |
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.