P/E ratio for Asseco (ACP.WA)
P/E ratio as of April 2024 (TTM): 16.3
According to Asseco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.3016. At the end of 2022 the company had a P/E ratio of 12.2.
P/E ratio history for Asseco from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.2 | -16.34% |
| 2021 | 14.6 | 12.56% |
| 2020 | 13.0 | -18.57% |
| 2019 | 15.9 | 47.58% |
| 2018 | 10.8 | 57.61% |
| 2017 | 6.85 | -55.19% |
| 2016 | 15.3 | 16.74% |
| 2015 | 13.1 | 24.29% |
| 2014 | 10.5 | 4.99% |
| 2013 | 10.0 | 27.05% |
| 2012 | 7.90 |
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.