P/E ratio for AltPlus (3672.T)
P/E ratio as of April 2024 (TTM): -3.63
According to AltPlus's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.62589. At the end of 2022 the company had a P/E ratio of -4.35.
P/E ratio history for AltPlus from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -4.35 | -62.19% |
| 2021 | -11.5 | -94.65% |
| 2020 | -215 | 1590.68% |
| 2019 | -12.7 | 304.04% |
| 2018 | -3.15 | -80.81% |
| 2017 | -16.4 | 191.39% |
| 2016 | -5.63 | 85.25% |
| 2015 | -3.04 | -88.53% |
| 2014 | -26.5 | -171.69% |
| 2013 | 37.0 |
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.