According to Grupo ACS 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.7439. At the end of 2022 the company had a P/E ratio of 11.3.
Year | P/E ratio | Change |
---|---|---|
2022 | 11.3 | 387.92% |
2021 | 2.32 | -86.45% |
2020 | 17.1 | 13.36% |
2019 | 15.1 | -6.06% |
2018 | 16.1 | -12.77% |
2017 | 18.4 | -0.41% |
2016 | 18.5 | 35.79% |
2015 | 13.6 | 8.91% |
2014 | 12.5 | 12.91% |
2013 | 11.1 | -380.95% |
2012 | -3.94 | -144.54% |
2011 | 8.85 | 1.27% |
2010 | 8.74 | -3.28% |
2009 | 9.03 |
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.