Auckland Airport
AIA.AX
#1835
Rank
$6.28 B
Marketcap
$4.22
Share price
-1.96%
Change (1 day)
-22.85%
Change (1 year)

P/E ratio for Auckland Airport (AIA.AX)

P/E ratio at the end of 2021: 23.7

According to Auckland Airport's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.142. At the end of 2021 the company had a P/E ratio of 23.7.

P/E ratio history for Auckland Airport from 2001 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202123.7-48.71%
202046.189.1%
201924.487.93%
201813.0-49.43%
201725.7-14.1%
201629.913.72%
201526.338.15%
201419.02.9%
201318.58.86%
201217.0-16.71%
201120.4-71.23%
201070.958.24%
200944.8164%
200817.0-57.44%
200739.950.92%
200626.4-3.88%
200527.515.43%
200423.83.07%
200323.121.08%
200219.14.77%
200118.2

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.