According to Accton Technology's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.9874. At the end of 2022 the company had a P/E ratio of 16.0.
Year | P/E ratio | Change |
---|---|---|
2022 | 16.0 | -48% |
2021 | 30.8 | -11.58% |
2020 | 34.8 | 84.78% |
2019 | 18.9 | 2.15% |
2018 | 18.5 | -18.5% |
2017 | 22.6 | 55.74% |
2016 | 14.5 | -0.32% |
2015 | 14.6 | 10.33% |
2014 | 13.2 | -11.01% |
2013 | 14.9 | 49.04% |
2012 | 9.97 | 20.36% |
2011 | 8.28 | -17.99% |
2010 | 10.1 |
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.