P/E ratio for Alexander & Baldwin (ALEX)
P/E ratio as of September 2023 (TTM): -26.4
According to Alexander & Baldwin 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -26.4462. At the end of 2021 the company had a P/E ratio of 51.2.
P/E ratio history for Alexander & Baldwin from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 51.2 | |
| 2019 | -41.1 | 112.42% |
| 2018 | -19.3 | -426.41% |
| 2017 | 5.93 | -102.38% |
| 2016 | -249 | -481.22% |
| 2015 | 65.4 | |
| 2013 | 52.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Tower AMT | 85.7 | -424.07% | 🇺🇸 USA |
 Organovo ONVO | -0.7282 | -97.25% | 🇺🇸 USA |
 Danaos DAC | 2.56 | -109.69% | 🇬🇷 Greece |
 Rayonier RYN | 52.1 | -297.17% | 🇺🇸 USA |
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.