Alpha HPA Limited
A4N.AX
#6900
Rank
C$0.80 B
Marketcap
C$0.71
Share price
-0.65%
Change (1 day)
-8.91%
Change (1 year)
Categories

P/E ratio for Alpha HPA Limited (A4N.AX)

P/E ratio at the end of 2024: -33.3

According to Alpha HPA Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -28.515. At the end of 2024 the company had a P/E ratio of -33.3.

P/E ratio history for Alpha HPA Limited from 2008 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-33.3-46.14%
2023-61.847.34%
2022-41.9112.43%
2021-19.778.76%
2020-11.066.07%
2019-6.65-72.64%
2018-24.3833.4%
2017-2.60-42.32%
2016-4.5118.79%
2015-3.8072.3%
2014-2.2117.45%
2013-1.88318.48%
2012-0.4486-93.66%
2011-7.08-44.53%
2010-12.8834.94%
2009-1.36-62.2%
2008-3.61

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.