According to ACEA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.0616. At the end of 2022 the company had a P/E ratio of 9.82.
Year | P/E ratio | Change |
---|---|---|
2022 | 9.82 | -22.88% |
2021 | 12.7 | -0.52% |
2020 | 12.8 | -5.54% |
2019 | 13.5 | 46.02% |
2018 | 9.28 | -48.83% |
2017 | 18.1 | 93.61% |
2016 | 9.37 | -45.74% |
2015 | 17.3 | 47.36% |
2014 | 11.7 | -5.65% |
2013 | 12.4 | -3.81% |
2012 | 12.9 | 6.59% |
2011 | 12.1 | -39.06% |
2010 | 19.9 | -163.43% |
2009 | -31.3 |
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.