P/E ratio for Andritz (AZ2.F)
P/E ratio as of September 2023 (TTM): 10.2
According to Andritz's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.1636. At the end of 2021 the company had a P/E ratio of 13.9.
P/E ratio history for Andritz from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 | 1.4% |
| 2015 | 17.4 | -21.79% |
| 2014 | 22.2 | -68.63% |
| 2013 | 70.8 | 233.89% |
| 2012 | 21.2 | 48.61% |
| 2011 | 14.3 | -27.82% |
| 2010 | 19.8 | -6.28% |
| 2009 | 21.1 | 219.94% |
| 2008 | 6.59 | 3987.09% |
| 2007 | 0.1613 | -77.16% |
| 2006 | 0.7064 | 369.58% |
| 2005 | 0.1504 | 10.13% |
| 2004 | 0.1366 | -99.14% |
| 2003 | 15.9 | 41.29% |
| 2002 | 11.3 |
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.