According to Aktia Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.527. At the end of 2022 the company had a P/E ratio of 8.24.
Year | P/E ratio | Change |
---|---|---|
2022 | 8.24 | -35.57% |
2021 | 12.8 | -18.99% |
2020 | 15.8 | 52.16% |
2019 | 10.4 | -7.32% |
2018 | 11.2 | -29.94% |
2017 | 16.0 | 21.55% |
2016 | 13.1 | -0.52% |
2015 | 13.2 | 8.23% |
2014 | 12.2 | 16.09% |
2013 | 10.5 | 1049.89% |
2012 | 0.9148 |
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.