P/E ratio for Aluar Aluminio Argentino (ALUA.BA)
P/E ratio as of May 2024 (TTM): 174
According to Aluar Aluminio Argentino's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 174.347. At the end of 2022 the company had a P/E ratio of 51.1.
P/E ratio history for Aluar Aluminio Argentino from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 51.1 | 482.77% |
| 2021 | 8.77 | -119.52% |
| 2020 | -45.0 | -260.94% |
| 2019 | 27.9 | 187.38% |
| 2018 | 9.72 | -45.49% |
| 2017 | 17.8 | 14.35% |
| 2016 | 15.6 | -64.17% |
| 2015 | 43.5 | 146.18% |
| 2014 | 17.7 | -34.18% |
| 2013 | 26.9 | 5.32% |
| 2012 | 25.5 |
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.