ASX
ASX.AX
#2117
Rank
$9.33 B
Marketcap
$47.29
Share price
-0.09%
Change (1 day)
26.02%
Change (1 year)
The Australian Securities Exchange or simply ASX is an Australian securities exchange based in Sydney.

P/E ratio for ASX (ASX.AX)

P/E ratio at the end of 2026: 21.1

According to ASX's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.4424. At the end of 2026 the company had a P/E ratio of 21.1.

P/E ratio history for ASX from 2001 to 2026

PE ratio at the end of each year

Year P/E ratio Change
202621.1-22.1%
202527.115.89%
202423.4-34.23%
202335.629.93%
202227.412.82%
202124.3-8.99%
202026.75.81%
201925.227.69%
201819.725.45%
201715.718.79%
201613.314.84%
201511.538.9%
20148.316.18%
20137.8230.63%
20125.9914.71%
20115.22-19.66%
20106.50-23.13%
20098.4673.26%
20084.88-51.23%
200710.02.81%
20069.7384.57%
20055.27-28.93%
20047.42-16.46%
20038.88-11.85%
200210.1-25.4%
200113.5

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.