Argan SA
ARG.PA
#4661
Rank
C$2.41 B
Marketcap
$95.08
Share price
0.79%
Change (1 day)
-18.99%
Change (1 year)

P/E ratio for Argan SA (ARG.PA)

P/E ratio at the end of 2022: 17.7

According to Argan SA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.9922. At the end of 2022 the company had a P/E ratio of 17.7.

P/E ratio history for Argan SA from 2009 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202217.7385.34%
20213.64-36.14%
20205.69-2.84%
20195.8631.06%
20184.47-19.52%
20175.5650.01%
20163.70-34.03%
20155.61-3.95%
20145.859.82%
20135.328.16%
20124.92-14.17%
20115.73123.42%
20102.57-189.2%
2009-2.88

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.