Aspen Group
APZ.AX
#6496
Rank
$0.79 B
Marketcap
$3.50
Share price
1.26%
Change (1 day)
80.21%
Change (1 year)

P/E ratio for Aspen Group (APZ.AX)

P/E ratio at the end of 2024: 6.78

According to Aspen Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.6982. At the end of 2024 the company had a P/E ratio of 6.78.

P/E ratio history for Aspen Group from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20246.7822.62%
20235.53113.06%
20222.60-45.25%
20214.74-32.04%
20206.98-194.41%
2019-7.39-112.44%
201859.4-51.98%
20171241867.95%
20166.29-342.25%
2015-2.60318.26%
2014-0.6208-66.05%
2013-1.83232.32%
2012-0.5502-118.02%
20113.05-38.85%
20104.99-1511.1%
2009-0.3539-145.71%
20080.7742-41.08%
20071.3110.27%
20061.19-38.74%
20051.95
20032.83-448.2%
2002-0.81411239.61%
2001-0.0608

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.