Ashmore Group
ASHM.L
#5084
Rank
$1.31 B
Marketcap
$1.99
Share price
2.29%
Change (1 day)
-28.26%
Change (1 year)

P/E ratio for Ashmore Group (ASHM.L)

P/E ratio at the end of 2022: 16.7

According to Ashmore Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1220.51. At the end of 2022 the company had a P/E ratio of 16.7.

P/E ratio history for Ashmore Group from 2007 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202216.779.4%
20219.33-39.46%
202015.4-18.52%
201918.924.03%
201815.214.93%
201713.30.21%
201613.216.6%
201511.4-16.34%
201413.648.82%
20139.12-9.77%
201210.1-6.47%
201110.829.84%
20108.320.07%
20098.3238.53%
20086.00-49.47%
200711.9

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.