Amphastar Pharmaceuticals
AMPH
#3960
Rank
C$3.32 B
Marketcap
$67.94
Share price
0.62%
Change (1 day)
10.09%
Change (1 year)

P/E ratio for Amphastar Pharmaceuticals (AMPH)

P/E ratio as of September 2024 (TTM): 23.9

According to Amphastar Pharmaceuticals's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.8524. At the end of 2022 the company had a P/E ratio of 15.0.

P/E ratio history for Amphastar Pharmaceuticals from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202215.0-16.36%
202117.9-96.8%
20205602920.67%
201918.5-112.12%
2018-153-174.63%
2017205167.27%
201676.8-132.36%
2015-237405.18%
2014-46.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-14.5-160.98%๐Ÿ‡บ๐Ÿ‡ธ USA
1.73-92.73%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.0382-100.16%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.0109-100.05%๐Ÿ‡บ๐Ÿ‡ธ USA

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.