According to Aker BP 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.2863. At the end of 2022 the company had a P/E ratio of 9.98.
Year | P/E ratio | Change |
---|---|---|
2022 | 9.98 | -25.63% |
2021 | 13.4 | -93.65% |
2020 | 211 | 152.15% |
2019 | 83.8 | 332.12% |
2018 | 19.4 | -36.2% |
2017 | 30.4 | -74.54% |
2016 | 119 | -3020.86% |
2015 | -4.09 | 25.14% |
2014 | -3.26 | -81.62% |
2013 | -17.8 | 52.72% |
2012 | -11.6 | -55.39% |
2011 | -26.1 | 486.1% |
2010 | -4.45 | -18.12% |
2009 | -5.43 |
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.