P/E ratio for Alpha Services and Holdings (ALPHA.AT)
P/E ratio as of April 2024 (TTM): 8.49
According to Alpha Services and Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.48724. At the end of 2022 the company had a P/E ratio of 5.97.
P/E ratio history for Alpha Services and Holdings from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.97 | -1036.76% |
| 2021 | -0.6369 | -104.53% |
| 2020 | 14.1 | -47.97% |
| 2019 | 27.0 | -6.7% |
| 2018 | 28.9 | -83.8% |
| 2017 | 179 | 157.7% |
| 2016 | 69.3 | -10210.88% |
| 2015 | -0.6858 | -96.07% |
| 2014 | -17.5 | -10029.1% |
| 2013 | 0.1759 | -124.53% |
| 2012 | -0.7171 | 869.04% |
| 2011 | -0.0740 | -100.12% |
| 2010 | 63.3 |
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.