Air Asia Company Limited (AACL)
2630.TW
#6759
Rank
$0.24 B
Marketcap
$1.18
Share price
0.40%
Change (1 day)
81.54%
Change (1 year)
Air Asia Company Limited (AACL) is a Taiwanese provider of aircraft maintenance, repair and overhaul (MRO) services.

P/E ratio for Air Asia Company Limited (AACL) (2630.TW)

P/E ratio as of March 2024 (TTM): 262

According to Air Asia Company Limited (AACL)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 261.876. At the end of 2022 the company had a P/E ratio of 224.

P/E ratio history for Air Asia Company Limited (AACL) from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022224487.03%
202138.1-35.21%
202058.910.75%
201953.2-74.64%
2018210497.16%
201735.1

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.