Ambac
AMBC
#5625
Rank
$0.65 B
Marketcap
$14.59
Share price
-2.99%
Change (1 day)
-2.73%
Change (1 year)

P/E ratio for Ambac (AMBC)

P/E ratio as of March 2024 (TTM): 1.40

According to Ambac 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.40154. At the end of 2022 the company had a P/E ratio of 1.51.

P/E ratio history for Ambac from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20221.51-105.82%
2021-25.91495.64%
2020-1.62-64.72%
2019-4.60-209.11%
20184.22-290.97%
2017-2.21-116.28%
201613.6950.48%
20151.29-43.49%
20142.28-43.66%
20134.05

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-3.95-381.50%๐Ÿ‡บ๐Ÿ‡ธ USA
12.2 767.83%๐Ÿ‡บ๐Ÿ‡ธ USA
46.3 3,202.29%๐Ÿ‡บ๐Ÿ‡ธ USA
7.84 459.21%๐Ÿ‡บ๐Ÿ‡ธ USA

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.