P/E ratio for Brødrene A & O Johansen (AOJ-B.CO)
P/E ratio as of May 2024 (TTM): 7.73
According to Brødrene A & O Johansen's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.72518. At the end of 2022 the company had a P/E ratio of 7.70.
P/E ratio history for Brødrene A & O Johansen from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.70 | -47.38% |
| 2021 | 14.6 | 57.37% |
| 2020 | 9.29 | 28.17% |
| 2019 | 7.25 | 61.98% |
| 2018 | 4.48 | -51.94% |
| 2017 | 9.31 | |
| 2015 | 9.78 | 29.77% |
| 2014 | 7.53 | 15.69% |
| 2013 | 6.51 | 16.47% |
| 2012 | 5.59 | 5.33% |
| 2011 | 5.31 | -88.68% |
| 2010 | 46.9 | 278.6% |
| 2009 | 12.4 |
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.