P/E ratio for ALBA SE (ABA.F)
P/E ratio at the end of 2022: 28.2
According to ALBA SE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.8634. At the end of 2022 the company had a P/E ratio of 28.2.
P/E ratio history for ALBA SE from 2006 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 28.2 | -32.35% |
| 2021 | 41.6 | -119.21% |
| 2020 | -217 | 112.99% |
| 2019 | -102 | -154.66% |
| 2018 | 186 | 524.9% |
| 2017 | 29.8 | 63.06% |
| 2016 | 18.3 | -60.95% |
| 2015 | 46.8 | -470.38% |
| 2014 | -12.6 | -9.02% |
| 2013 | -13.9 | -172.22% |
| 2012 | 19.2 | 34.89% |
| 2011 | 14.2 | 4.87% |
| 2010 | 13.6 | -102.26% |
| 2009 | -600 | 117.88% |
| 2008 | -275 | -2092.76% |
| 2007 | 13.8 | 19.41% |
| 2006 | 11.6 |
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.