P/E ratio for Ayala Corporation (AYALY)
P/E ratio as of May 2024 (TTM): 8.95
According to Ayala Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.9495. At the end of 2022 the company had a P/E ratio of 15.3.
P/E ratio history for Ayala Corporation from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.3 | -24.3% |
| 2021 | 20.2 | -40.39% |
| 2020 | 33.9 | 137.92% |
| 2019 | 14.3 | -25.38% |
| 2018 | 19.1 | -13.58% |
| 2017 | 22.1 | 30.49% |
| 2016 | 16.9 | -22.3% |
| 2015 | 21.8 | -2.08% |
| 2014 | 22.3 | -10.39% |
| 2013 | 24.8 | -11.74% |
| 2012 | 28.1 |
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.