Arรงelik
ARCLK.IS
#3980
Rank
C$3.33 B
Marketcap
$5.50
Share price
2.72%
Change (1 day)
-20.79%
Change (1 year)

P/E ratio for Arรงelik (ARCLK.IS)

P/E ratio as of November 2024 (TTM): 10.6

According to Arรงelik's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.5741. At the end of 2022 the company had a P/E ratio of 16.2.

P/E ratio history for Arรงelik from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202216.254.09%
202110.544.99%
20207.25-52.3%
201915.221%
201812.6-27.16%
201717.256.49%
201611.03.96%
201510.6-35.49%
201416.419.67%
201313.7-9.88%
201215.287.06%
20118.14-20.12%
201010.257.75%
20096.46

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.