P/E ratio for Aptech (APTECHT.NS)
P/E ratio as of April 2024 (TTM): 18.8
According to Aptech's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.7625. At the end of 2022 the company had a P/E ratio of 31.7.
P/E ratio history for Aptech from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 31.7 | -54.2% |
| 2021 | 69.2 | -137.61% |
| 2020 | -184 | -619.49% |
| 2019 | 35.4 | -31.16% |
| 2018 | 51.5 | -27.84% |
| 2017 | 71.3 | 39.53% |
| 2016 | 51.1 | 81.1% |
| 2015 | 28.2 | 49.92% |
| 2014 | 18.8 | 20.46% |
| 2013 | 15.6 | -14.74% |
| 2012 | 18.3 |
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.