P/E ratio for Astra Industrial Group Company (1212.SR)
P/E ratio as of May 2024 (TTM): 33.6
According to Astra Industrial Group Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.5964. At the end of 2022 the company had a P/E ratio of 8.94.
P/E ratio history for Astra Industrial Group Company from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.94 | -43.19% |
| 2021 | 15.7 | -13.04% |
| 2020 | 18.1 | -56.48% |
| 2019 | 41.6 | -29.46% |
| 2018 | 58.9 | 170.21% |
| 2017 | 21.8 | 137.79% |
| 2016 | 9.17 | -96.24% |
| 2015 | 244 | 1027.62% |
| 2014 | 21.6 | 40.22% |
| 2013 | 15.4 | 29.66% |
| 2012 | 11.9 | 22.29% |
| 2011 | 9.73 |
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.