P/E ratio for ALK-Abelló (ALK-B.CO)
P/E ratio as of June 2023 (TTM): 44.5
According to ALK-Abelló's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 44.5217. At the end of 2021 the company had a P/E ratio of 172.
P/E ratio history for ALK-Abelló from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 172 | -84.26% |
| 2020 | > 1000 | -406.48% |
| 2019 | -356 | 452.69% |
| 2018 | -64.5 | 38.74% |
| 2017 | -46.5 | -238.91% |
| 2016 | 33.4 | 35.33% |
| 2015 | 24.7 | -28.87% |
| 2014 | 34.7 | -64.3% |
| 2013 | 97.3 | 431.77% |
| 2012 | 18.3 | 15.21% |
| 2011 | 15.9 | -36.22% |
| 2010 | 24.9 | -27.76% |
| 2009 | 34.5 | -37.02% |
| 2008 | 54.7 | 50.44% |
| 2007 | 36.4 | -88.52% |
| 2006 | 317 | 14327.13% |
| 2005 | 2.20 | 529.37% |
| 2004 | 0.3490 | -82.43% |
| 2003 | 1.99 | -17.79% |
| 2002 | 2.42 |
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.