According to Archrock's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.434. At the end of 2022 the company had a P/E ratio of 31.0.
Year | P/E ratio | Change |
---|---|---|
2022 | 31.0 | -21.34% |
2021 | 39.4 | -309.12% |
2020 | -18.8 | -227.51% |
2019 | 14.8 | -72.4% |
2018 | 53.5 | 32.48% |
2017 | 40.4 | -344.76% |
2016 | -16.5 | 316.89% |
2015 | -3.96 | -117.86% |
2014 | 22.2 | 21.19% |
2013 | 18.3 | -154.23% |
2012 | -33.7 | 1912.27% |
2011 | -1.68 | -88.52% |
2010 | -14.6 | 509.34% |
2009 | -2.40 | 65.06% |
2008 | -1.45 | -102.02% |
2007 | 71.8 |
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.