P/E ratio for Ayala Land (AYAAF)
P/E ratio as of April 2024 (TTM): 14.2
According to Ayala Land's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.2303. At the end of 2022 the company had a P/E ratio of 21.4.
P/E ratio history for Ayala Land from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.4 | -40.29% |
| 2021 | 35.8 | -29.12% |
| 2020 | 50.5 | 146.09% |
| 2019 | 20.5 | -2.04% |
| 2018 | 21.0 | -14.61% |
| 2017 | 24.5 | 1.08% |
| 2016 | 24.3 | -15.86% |
| 2015 | 28.9 | 19.05% |
| 2014 | 24.2 | -19.36% |
| 2013 | 30.1 | -10.93% |
| 2012 | 33.7 |
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.