P/E ratio for Aliansce Sonae Shopping Centers (ALSO3.SA)
P/E ratio as of April 2024 (TTM): 2.66
According to Aliansce Sonae Shopping Centers's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.66397. At the end of 2022 the company had a P/E ratio of 29.0.
P/E ratio history for Aliansce Sonae Shopping Centers from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 29.0 | 38.92% |
| 2021 | 20.8 | -54.67% |
| 2020 | 46.0 | -61.25% |
| 2019 | 119 | 561.77% |
| 2018 | 17.9 | 27.37% |
| 2017 | 14.1 | 2.17% |
| 2016 | 13.8 | 8.19% |
| 2015 | 12.7 | 58.29% |
| 2014 | 8.05 | 30.69% |
| 2013 | 6.16 | -52.49% |
| 2012 | 13.0 | 71.76% |
| 2011 | 7.55 |
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.