P/E ratio for Australian United Investment Company (AUI.AX)
P/E ratio at the end of 2023: 20.7
According to Australian United Investment Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.1837. At the end of 2023 the company had a P/E ratio of 20.7.
P/E ratio history for Australian United Investment Company from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 20.7 | 41.95% |
| 2022 | 14.6 | -43.67% |
| 2021 | 25.9 | 14.85% |
| 2020 | 22.5 | 25.01% |
| 2019 | 18.0 | -4.65% |
| 2018 | 18.9 | 1.55% |
| 2017 | 18.6 | 8.2% |
| 2016 | 17.2 | 13.49% |
| 2015 | 15.2 | 4.41% |
| 2014 | 14.5 | 5.14% |
| 2013 | 13.8 | 26.5% |
| 2012 | 10.9 | -10.53% |
| 2011 | 12.2 | -31.26% |
| 2010 | 17.8 | -45.61% |
| 2009 | 32.6 | 214.74% |
| 2008 | 10.4 | -31.48% |
| 2007 | 15.1 | -13.53% |
| 2006 | 17.5 | -11.96% |
| 2005 | 19.9 | -0.64% |
| 2004 | 20.0 | -20.07% |
| 2003 | 25.0 | -24.33% |
| 2002 | 33.1 | 10.72% |
| 2001 | 29.9 |
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.