P/E ratio for Aselsan (ASELS.IS)
P/E ratio as of April 2024 (TTM): 8.06
According to Aselsan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.05732. At the end of 2022 the company had a P/E ratio of 15.7.
P/E ratio history for Aselsan from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.7 | 83.48% |
| 2021 | 8.56 | -39.46% |
| 2020 | 14.1 | 39.4% |
| 2019 | 10.1 | -45.14% |
| 2018 | 18.5 | -41.86% |
| 2017 | 31.8 | 50.27% |
| 2016 | 21.2 | -64.87% |
| 2015 | 60.3 | 170.62% |
| 2014 | 22.3 | -9.81% |
| 2013 | 24.7 | 8.22% |
| 2012 | 22.8 | 47.48% |
| 2011 | 15.5 | 10.75% |
| 2010 | 14.0 |
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.