Afristrat Investment
ATI.JO
#10001
Rank
A$5.07 M
Marketcap
$0.01025
Share price
0.00%
Change (1 day)
-33.24%
Change (1 year)

P/E ratio for Afristrat Investment (ATI.JO)

P/E ratio as of November 2024 (TTM): -0.5504

According to Afristrat Investment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.550431. At the end of 2021 the company had a P/E ratio of -0.7385.

P/E ratio history for Afristrat Investment from 2020 to 2020

PE ratio at the end of each year

Year P/E ratio Change
2021-0.7385
2019-0.6480-104.11%
201815.8
20158.25-22.02%
201410.6-48.93%
201320.7
2010-0.540812.93%
2009-0.4789-16.54%
2008-0.5738

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.