Amaero International Ltd
3DA.AX
#8893
Rank
$0.10 B
Marketcap
$0.16
Share price
1.96%
Change (1 day)
1.71%
Change (1 year)

P/E ratio for Amaero International Ltd (3DA.AX)

P/E ratio at the end of 2023: -2.65

According to Amaero International Ltd's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.66053. At the end of 2023 the company had a P/E ratio of -2.65.

P/E ratio history for Amaero International Ltd from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-2.65-29.57%
2022-3.76-72.08%
2021-13.5321.9%
2020-3.19

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.