P/E ratio for Andritz (AZ2.F)
P/E ratio as of April 2024 (TTM): 11.8
According to Andritz's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.7849. At the end of 2022 the company had a P/E ratio of 13.0.
P/E ratio history for Andritz from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.0 | -6.32% |
| 2021 | 13.9 | -22.85% |
| 2020 | 18.0 | -41.39% |
| 2019 | 30.7 | 68.72% |
| 2018 | 18.2 | -0.58% |
| 2017 | 18.3 | 3.82% |
| 2016 | 17.6 | 1.79% |
| 2015 | 17.3 | -22.09% |
| 2014 | 22.2 | -68.63% |
| 2013 | 70.8 | 232.47% |
| 2012 | 21.3 | 49.58% |
| 2011 | 14.2 | -27.98% |
| 2010 | 19.8 | -6.28% |
| 2009 | 21.1 |
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.