P/E ratio for Alfa Laval (ALFA.ST)
P/E ratio as of May 2024 (TTM): 31.4
According to Alfa Laval 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.4358. At the end of 2022 the company had a P/E ratio of 27.6.
P/E ratio history for Alfa Laval from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 27.6 | -13.65% |
| 2021 | 32.0 | 19.85% |
| 2020 | 26.7 | 48.14% |
| 2019 | 18.0 | 3.21% |
| 2018 | 17.5 | -36.07% |
| 2017 | 27.3 | -1.03% |
| 2016 | 27.6 | 63.04% |
| 2015 | 16.9 | -19.81% |
| 2014 | 21.1 | -7.56% |
| 2013 | 22.9 | 25.25% |
| 2012 | 18.2 | 8.21% |
| 2011 | 16.9 | -12.66% |
| 2010 | 19.3 | 25.19% |
| 2009 | 15.4 |
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.