According to Allgeier's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.9542. At the end of 2022 the company had a P/E ratio of 14.9.
Year | P/E ratio | Change |
---|---|---|
2022 | 14.9 | -70.32% |
2021 | 50.3 | -108.09% |
2020 | -622 | -12927.91% |
2019 | 4.85 | -44.98% |
2018 | 8.81 | -51.74% |
2017 | 18.3 | 157.8% |
2016 | 7.08 | 179.85% |
2015 | 2.53 | -80.23% |
2014 | 12.8 | 60.97% |
2013 | 7.95 | 300.5% |
2012 | 1.98 | -53.94% |
2011 | 4.31 | 97.47% |
2010 | 2.18 |
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.