Advanced Info Service (AIS)
ADVANC.BK
#805
Rank
A$37.87 B
Marketcap
$12.74
Share price
0.35%
Change (1 day)
34.22%
Change (1 year)

P/E ratio for Advanced Info Service (AIS) (ADVANC.BK)

P/E ratio as of November 2024 (TTM): 29.2

According to Advanced Info Service (AIS)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.1804. At the end of 2022 the company had a P/E ratio of 22.3.

P/E ratio history for Advanced Info Service (AIS) from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202222.3-12.41%
202125.433.28%
202019.1-5.9%
201920.316.69%
201817.4-7.89%
201718.932.5%
201614.223.42%
201511.5-44.27%
201420.735.11%
201315.3-13.97%
201217.8-5.02%
201118.852.49%
201012.3-18.09%
200915.0

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.