Ackermans & Van Haaren
ACKB.BR
#2135
Rank
C$12.72 B
Marketcap
C$388.71
Share price
1.95%
Change (1 day)
36.90%
Change (1 year)

P/E ratio for Ackermans & Van Haaren (ACKB.BR)

P/E ratio at the end of 2024: 14.8

According to Ackermans & Van Haaren's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.2288. At the end of 2024 the company had a P/E ratio of 14.8.

P/E ratio history for Ackermans & Van Haaren from 2004 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202414.811.64%
202313.372.97%
20227.67-41.59%
202113.1-15.25%
202015.541.57%
201910.9-18.25%
201813.40.29%
201713.3-27.59%
201618.431.19%
201514.012.38%
201412.590.41%
20136.56-25.23%
20128.7818.1%
20117.43-11.29%
20108.38-1.72%
20098.5342.7%
20085.9822.76%
20074.8722.23%
20063.9812.81%
20053.5310094.46%
20040.0346

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.