Micropole
ALMIC.PA
#9391
Rank
A$0.13 B
Marketcap
A$5.03
Share price
0.00%
Change (1 day)
0.54%
Change (1 year)

P/E ratio for Micropole (ALMIC.PA)

P/E ratio at the end of 2023: 169

According to Micropole's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 512.894. At the end of 2023 the company had a P/E ratio of 169.

P/E ratio history for Micropole from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20231691449.25%
202210.9-7.04%
202111.7-105.41%
2020-217-1667.31%
201913.8-36.63%
201821.9-236.97%
2017-16.0-67.61%
2016-49.3-27.22%
2015-67.74514.51%
2014-1.47-113.5%
201310.9
20116.3828.58%
20104.96-8.6%
20095.43

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.