Alpha HPA Limited
A4N.AX
#6388
Rank
C$0.87 B
Marketcap
$0.77
Share price
-1.15%
Change (1 day)
-8.96%
Change (1 year)
Categories

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

P/E ratio at the end of 2023: -58.7

According to Alpha HPA Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -43.3678. At the end of 2023 the company had a P/E ratio of -58.7.

P/E ratio history for Alpha HPA Limited from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-58.747.97%
2022-39.7113.41%
2021-18.677.61%
2020-10.566.76%
2019-6.28-72.64%
2018-23.0834.32%
2017-2.46-42.21%
2016-4.2518.13%
2015-3.6072.55%
2014-2.0917.75%
2013-1.77317.99%
2012-0.4238-93.67%
2011-6.70-44.77%
2010-12.1838.02%
2009-1.29-62.01%
2008-3.40

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.