Alujain Corporation
2170.SR
#6099
Rank
โ‚ฌ0.68 B
Marketcap
9,96ย โ‚ฌ
Share price
0.78%
Change (1 day)
3.33%
Change (1 year)

P/E ratio for Alujain Corporation (2170.SR)

P/E ratio as of December 2024 (TTM): 43.7

According to Alujain Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 43.6795. At the end of 2022 the company had a P/E ratio of 15.6.

P/E ratio history for Alujain Corporation from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202215.6604.21%
20212.21-85.91%
202015.745.9%
201910.8-16.67%
201812.920.8%
201710.7-5.79%
201611.322.03%
20159.3033.55%
20146.96-55.89%
201315.8-15.73%
201218.7-116.81%
2011-111-176.29%
2010146

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.