P/E ratio for Astra Agro Lestari (AALI.JK)
P/E ratio as of April 2024 (TTM): 9.38
According to Astra Agro Lestari's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.37565. At the end of 2022 the company had a P/E ratio of 8.95.
P/E ratio history for Astra Agro Lestari from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.95 | -3.55% |
| 2021 | 9.28 | -67.43% |
| 2020 | 28.5 | -78.57% |
| 2019 | 133 | 739.83% |
| 2018 | 15.8 | 23.03% |
| 2017 | 12.9 | -12.92% |
| 2016 | 14.8 | -63.37% |
| 2015 | 40.3 | 164.41% |
| 2014 | 15.2 | -30.48% |
| 2013 | 21.9 | 67.43% |
| 2012 | 13.1 | -7.78% |
| 2011 | 14.2 | -30.56% |
| 2010 | 20.5 |
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.