P/E ratio for Astra International (ASII.JK)
P/E ratio as of April 2024 (TTM): 6.52
According to Astra International 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.52392. At the end of 2022 the company had a P/E ratio of 7.97.
P/E ratio history for Astra International from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.97 | -30.21% |
| 2021 | 11.4 | -24.35% |
| 2020 | 15.1 | 16.88% |
| 2019 | 12.9 | -15.96% |
| 2018 | 15.4 | -13.68% |
| 2017 | 17.8 | -19.5% |
| 2016 | 22.1 | 31.65% |
| 2015 | 16.8 | 7.29% |
| 2014 | 15.7 | 10.57% |
| 2013 | 14.2 | -9.33% |
| 2012 | 15.6 | -7.31% |
| 2011 | 16.9 |
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.