P/E ratio for Aker BP (AKRBP.OL)
P/E ratio as of April 2024 (TTM): 14.7
According to Aker BP 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.7143. At the end of 2022 the company had a P/E ratio of 9.98.
P/E ratio history for Aker BP from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.98 | -25.63% |
| 2021 | 13.4 | -93.65% |
| 2020 | 211 | 152.15% |
| 2019 | 83.8 | 332.12% |
| 2018 | 19.4 | -36.2% |
| 2017 | 30.4 | -74.54% |
| 2016 | 119 | -3020.86% |
| 2015 | -4.09 | 25.14% |
| 2014 | -3.26 | -81.62% |
| 2013 | -17.8 | 52.72% |
| 2012 | -11.6 | -55.39% |
| 2011 | -26.1 | 486.1% |
| 2010 | -4.45 | -18.12% |
| 2009 | -5.43 |
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.