P/E ratio for AMP Limited (AMP.AX)
P/E ratio at the end of 2020: 27.7
According to AMP Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.5073. At the end of 2020 the company had a P/E ratio of 27.7.
P/E ratio history for AMP Limited from 2002 to 2020
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 27.7 | -1252.81% |
| 2019 | -2.40 | -101% |
| 2018 | 241 | 1425.59% |
| 2017 | 15.8 | -138% |
| 2016 | -41.6 | -347.34% |
| 2015 | 16.8 | 8.32% |
| 2014 | 15.5 | 4.65% |
| 2013 | 14.8 | 12.32% |
| 2012 | 13.2 | 25.15% |
| 2011 | 10.6 | 9.29% |
| 2010 | 9.66 | -31.82% |
| 2009 | 14.2 | -16.88% |
| 2008 | 17.1 | 14.28% |
| 2007 | 14.9 | -16.8% |
| 2006 | 17.9 | 13.25% |
| 2005 | 15.8 | 10.57% |
| 2004 | 14.3 | -1248.04% |
| 2003 | -1.25 | -93.63% |
| 2002 | -19.6 |
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.