Strive Asset Management
ASST
#6062
Rank
A$1.41 B
Marketcap
A$1.13
Share price
-9.75%
Change (1 day)
-33.34%
Change (1 year)

P/E ratio for Strive Asset Management (ASST)

P/E ratio at the end of 2024: -13.5

According to Strive Asset Management's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -23.129. At the end of 2024 the company had a P/E ratio of -13.5.

P/E ratio history for Strive Asset Management from 2023 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-13.5-88.72%
2023-120

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.