P/E ratio for AMP Limited (AMP.AX)
P/E ratio at the end of 2020: 30.6
According to AMP Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2020 the company had a P/E ratio of 30.6.
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 | 30.6 | -1366.08% |
| 2019 | -2.42 | -100.99% |
| 2018 | 244 | 1277.5% |
| 2017 | 17.7 | -141.12% |
| 2016 | -43.1 | -344.79% |
| 2015 | 17.6 | -3.58% |
| 2014 | 18.3 | -3.99% |
| 2013 | 19.0 | -3.59% |
| 2012 | 19.7 | 27.41% |
| 2011 | 15.5 | 9.83% |
| 2010 | 14.1 | -22.9% |
| 2009 | 18.3 | 5.84% |
| 2008 | 17.3 | -7.78% |
| 2007 | 18.7 | -8.05% |
| 2006 | 20.4 | 16.78% |
| 2005 | 17.4 | 21.73% |
| 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.