According to Ares Management 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 80.1747. At the end of 2022 the company had a P/E ratio of 78.7.
Year | P/E ratio | Change |
---|---|---|
2022 | 78.7 | 113.92% |
2021 | 36.8 | -35.91% |
2020 | 57.4 | 78.45% |
2019 | 32.2 | -40.32% |
2018 | 53.9 | 67.02% |
2017 | 32.3 | 104.97% |
2016 | 15.7 | -70.51% |
2015 | 53.4 | 196.6% |
2014 | 18.0 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
General Electric GE | 18.9 | -76.39% | ๐บ๐ธ USA |
WisdomTree
WT | 30.7 | -61.72% | ๐บ๐ธ USA |
Virtus Investment Partners VRTS | 11.8 | -85.29% | ๐บ๐ธ USA |
Newtek NEWT | 9.81 | -87.77% | ๐บ๐ธ USA |
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.