P/E ratio for Aker ASA (AKER.OL)
P/E ratio as of May 2024 (TTM): 2.45
According to Aker ASA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.45112. At the end of 2015 the company had a P/E ratio of -6.69.
P/E ratio history for Aker ASA from 2009 to 2016
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2015 | -6.69 | -97.76% |
| 2014 | -299 | -1513.27% |
| 2013 | 21.2 | -99.52% |
| 2012 | > 1000 | 55018.39% |
| 2011 | 7.93 | -95.02% |
| 2010 | 159 | -3572.42% |
| 2009 | -4.58 |
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.