P/E ratio for Alexander & Baldwin (ALEX)
P/E ratio as of April 2024 (TTM): -24.2
According to Alexander & Baldwin 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -24.2462. At the end of 2022 the company had a P/E ratio of -26.8.
P/E ratio history for Alexander & Baldwin from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -26.8 | -152.26% |
| 2021 | 51.2 | -76.16% |
| 2020 | 215 | -622.53% |
| 2019 | -41.1 | 112.42% |
| 2018 | -19.3 | -426.41% |
| 2017 | 5.93 | -102.38% |
| 2016 | -249 | -481.22% |
| 2015 | 65.4 | 104.86% |
| 2014 | 31.9 | -39.57% |
| 2013 | 52.8 | -20.61% |
| 2012 | 66.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Tower AMT | 112 | -560.96% | 🇺🇸 USA |
 Organovo ONVO | -0.5583 | -97.70% | 🇺🇸 USA |
 Danaos DAC | 2.84 | -111.72% | 🇬🇷 Greece |
 Rayonier RYN | 55.0 | -326.84% | 🇺🇸 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.