P/E ratio for Aalberts (AALB.AS)
P/E ratio at the end of 2022: 11.8
According to Aalberts 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.1203. At the end of 2022 the company had a P/E ratio of 11.8.
P/E ratio history for Aalberts from 2003 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.8 | -24.74% |
| 2021 | 15.7 | -44.23% |
| 2020 | 28.1 | 61.11% |
| 2019 | 17.4 | 51% |
| 2018 | 11.5 | -39.53% |
| 2017 | 19.1 | 7.58% |
| 2016 | 17.7 | -7.98% |
| 2015 | 19.3 | 28.97% |
| 2014 | 15.0 | 8.12% |
| 2013 | 13.8 | 41.11% |
| 2012 | 9.80 | 19.38% |
| 2011 | 8.21 | -31.6% |
| 2010 | 12.0 | -13% |
| 2009 | 13.8 | 288.61% |
| 2008 | 3.55 | -51.73% |
| 2007 | 7.35 | -35.29% |
| 2006 | 11.4 | 2.11% |
| 2005 | 11.1 | 25.14% |
| 2004 | 8.89 | 2.77% |
| 2003 | 8.65 |
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.