According to Aptech's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.48142. At the end of 2022 the company had a P/E ratio of 22.6.
Year | P/E ratio | Change |
---|---|---|
2022 | 22.6 | -54.2% |
2021 | 49.5 | -137.61% |
2020 | -131 | -619.49% |
2019 | 25.3 | -31.16% |
2018 | 36.8 | -27.84% |
2017 | 51.0 | 39.53% |
2016 | 36.5 | 81.1% |
2015 | 20.2 | 49.92% |
2014 | 13.5 | 20.46% |
2013 | 11.2 | -14.74% |
2012 | 13.1 |
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.