P/E ratio for ALS Global (ALQ.AX)
P/E ratio at the end of 2023: 20.2
According to ALS Global's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2023 the company had a P/E ratio of 20.2.
P/E ratio history for ALS Global from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 20.2 | -41.14% |
| 2022 | 34.2 | 27.9% |
| 2021 | 26.8 | 26.96% |
| 2020 | 21.1 | -14.97% |
| 2019 | 24.8 | -65.44% |
| 2018 | 71.8 | 85.18% |
| 2017 | 38.8 | -612.56% |
| 2016 | -7.56 | -34.43% |
| 2015 | -11.5 | -164.44% |
| 2014 | 17.9 | 12.16% |
| 2013 | 16.0 | -21.81% |
| 2012 | 20.4 | -10.86% |
| 2011 | 22.9 | -1.2% |
| 2010 | 23.2 | 247.57% |
| 2009 | 6.67 | -59.79% |
| 2008 | 16.6 | -14.08% |
| 2007 | 19.3 | 0.09% |
| 2006 | 19.3 | 12.48% |
| 2005 | 17.1 | 1.98% |
| 2004 | 16.8 | 18.08% |
| 2003 | 14.2 | |
| 2001 | 8.46 |
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.