P/E ratio for Arendals Fossekompani (AFK.OL)
P/E ratio as of March 2025 (TTM): 132
According to Arendals Fossekompani's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 131.529. At the end of 2022 the company had a P/E ratio of > 1000.
P/E ratio history for Arendals Fossekompani from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | > 1000 | 907.15% |
| 2021 | 226 | 132.21% |
| 2020 | 97.4 | -26.04% |
| 2019 | 132 | 119.06% |
| 2018 | 60.1 | 2566.46% |
| 2017 | 2.25 | -83.55% |
| 2016 | 13.7 | 44.8% |
| 2015 | 9.46 | -54.52% |
| 2014 | 20.8 | -65.79% |
| 2013 | 60.8 | 567.13% |
| 2012 | 9.11 | -35.34% |
| 2011 | 14.1 | -44.29% |
| 2010 | 25.3 |
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.