P/E ratio for Astro Corporation (3064.TWO)
P/E ratio as of April 2024 (TTM): -28.5
According to Astro Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -28.4598. At the end of 2022 the company had a P/E ratio of -3.62.
P/E ratio history for Astro Corporation from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -3.62 | -84.92% |
| 2021 | -24.0 | 83.95% |
| 2020 | -13.0 | 266.28% |
| 2019 | -3.56 | -74.08% |
| 2018 | -13.7 | 19.11% |
| 2017 | -11.5 | -7.1% |
| 2016 | -12.4 | 155.91% |
| 2015 | -4.85 | -57.83% |
| 2014 | -11.5 | -88.48% |
| 2013 | -99.9 | -246.82% |
| 2012 | 68.0 | 177.5% |
| 2011 | 24.5 | -236.86% |
| 2010 | -17.9 |
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.