Arendals Fossekompani
AFK.OL
#6140
Rank
$0.69 B
Marketcap
$12.73
Share price
-2.04%
Change (1 day)
-20.76%
Change (1 year)

P/E ratio for Arendals Fossekompani (AFK.OL)

P/E ratio as of December 2024 (TTM): 143

According to Arendals Fossekompani's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 142.598. At the end of 2022 the company had a P/E ratio of > 1000.

P/E ratio history for Arendals Fossekompani from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022> 1000907.15%
2021226132.21%
202097.4-26.04%
2019132119.06%
201860.12566.46%
20172.25-83.55%
201613.744.8%
20159.46-54.52%
201420.8-65.79%
201360.8567.13%
20129.11-35.34%
201114.1-44.29%
201025.3

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.