P/E ratio for Austevoll Seafood (AUSS.OL)
P/E ratio as of May 2024 (TTM): 15.9
According to Austevoll Seafood 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.9089. At the end of 2022 the company had a P/E ratio of 7.12.
P/E ratio history for Austevoll Seafood from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.12 | -34.27% |
| 2021 | 10.8 | -69.85% |
| 2020 | 35.9 | 148.66% |
| 2019 | 14.5 | 147.24% |
| 2018 | 5.85 | -57.09% |
| 2017 | 13.6 | 32.89% |
| 2016 | 10.3 | -31.85% |
| 2015 | 15.0 | -10.72% |
| 2014 | 16.8 | 47.12% |
| 2013 | 11.5 | -18.14% |
| 2012 | 14.0 | 21.24% |
| 2011 | 11.5 | 40.28% |
| 2010 | 8.23 | -12.73% |
| 2009 | 9.43 |
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.