P/E ratio for Ascot Resources (AOT.TO)
P/E ratio as of May 2024 (TTM): -29.6
According to Ascot Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -29.6066. At the end of 2022 the company had a P/E ratio of -16.6.
P/E ratio history for Ascot Resources from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -16.6 | -93.81% |
| 2021 | -267 | 299.71% |
| 2020 | -66.9 | 275.84% |
| 2019 | -17.8 | -140.45% |
| 2018 | 44.0 | -257.33% |
| 2017 | -28.0 | -26.03% |
| 2016 | -37.8 | -67.02% |
| 2015 | -115 | 182.52% |
| 2014 | -40.6 | 142.35% |
| 2013 | -16.7 | -30.72% |
| 2012 | -24.2 | -17.12% |
| 2011 | -29.2 | 1503.82% |
| 2010 | -1.82 | -105.05% |
| 2009 | 36.0 | 4580% |
| 2008 | 0.7692 | -108.6% |
| 2007 | -8.95 | -233.07% |
| 2006 | 6.72 | 13.04% |
| 2005 | 5.95 | -82.31% |
| 2004 | 33.6 | -183.5% |
| 2003 | -40.3 |
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.