P/E ratio for Arjo AB (ARJO-B.ST)
P/E ratio as of April 2025 (TTM): 21.7
According to Arjo AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.6618. At the end of 2023 the company had a P/E ratio of 22.4.
P/E ratio history for Arjo AB from 2018 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 22.4 | -5.14% |
| 2022 | 23.6 | -42.06% |
| 2021 | 40.7 | 25.09% |
| 2020 | 32.6 | 6.96% |
| 2019 | 30.4 | 19.16% |
| 2018 | 25.6 | -53.07% |
| 2017 | 54.4 |
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.