Ascential
ASCL.L
#4375
Rank
$1.72 B
Marketcap
$3.83
Share price
-0.07%
Change (1 day)
27.67%
Change (1 year)

P/E ratio for Ascential (ASCL.L)

P/E ratio at the end of 2021: 7.15

According to Ascential's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 530.351. At the end of 2021 the company had a P/E ratio of 7.15.

P/E ratio history for Ascential from 2016 to 2021

PE ratio at the end of each year

Year P/E ratio Change
20217.15-168.65%
2020-10.4-105.53%
20191882534.31%
20187.15-91.07%
201780.124.63%
201664.2

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.