Axel Mark
3624.T
#8001
Rank
$18.99 M
Marketcap
$1.78
Share price
0.37%
Change (1 day)
-16.43%
Change (1 year)

P/E ratio for Axel Mark (3624.T)

P/E ratio as of March 2024 (TTM): -17.3

According to Axel Mark's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -17.2958. At the end of 2022 the company had a P/E ratio of -28.8.

P/E ratio history for Axel Mark from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-28.8-168.95%
202141.7-847.09%
2020-5.59113.95%
2019-2.61-51.48%
2018-5.38-63.5%
2017-14.714.44%
2016-12.9-71.45%
2015-45.1-89.26%
2014-420-1560.71%
201328.841.55%
201220.3-59.32%
201149.9-280.36%
2010-27.7

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.