P/E ratio for Allgeier (AEIN.DE)
P/E ratio as of April 2024 (TTM): 12.6
According to Allgeier's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.6085. At the end of 2022 the company had a P/E ratio of 14.9.
P/E ratio history for Allgeier from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.9 | -70.32% |
| 2021 | 50.3 | -108.09% |
| 2020 | -622 | -2777.38% |
| 2019 | 23.2 | -44.98% |
| 2018 | 42.2 | -51.74% |
| 2017 | 87.4 | 157.8% |
| 2016 | 33.9 | 179.85% |
| 2015 | 12.1 | -80.23% |
| 2014 | 61.3 | 60.97% |
| 2013 | 38.1 | 300.5% |
| 2012 | 9.51 | -53.94% |
| 2011 | 20.6 | 97.47% |
| 2010 | 10.5 |
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.