Alpha Group International
ALPH.L
#5255
Rank
C$1.71 B
Marketcap
$40.64
Share price
-2.56%
Change (1 day)
37.73%
Change (1 year)

P/E ratio for Alpha Group International (ALPH.L)

P/E ratio at the end of 2021: 35.7

According to Alpha Group International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3627.38. At the end of 2021 the company had a P/E ratio of 35.7.

P/E ratio history for Alpha Group International from 2017 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202135.7-5.26%
202037.7-12.92%
201943.369.22%
201825.6-19.62%
201731.8

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.