Asiasoft
AS.BK
#7462
Rank
$93.24 M
Marketcap
$0.19
Share price
-2.16%
Change (1 day)
-56.82%
Change (1 year)

P/E ratio for Asiasoft (AS.BK)

P/E ratio as of March 2024 (TTM): 22.1

According to Asiasoft's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.0907. At the end of 2022 the company had a P/E ratio of 30.0.

P/E ratio history for Asiasoft from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202230.048.67%
202120.2160.93%
20207.73-87.72%
201963.0145.45%
201825.7-71.32%
201789.5-2275.35%
2016-4.1163.52%
2015-2.52-12.42%
2014-2.87-106.24%
201346.0219.6%
201214.422.19%
201111.85.01%
201011.218.78%
20099.45

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.