Alarum Technologies
ALAR
#8743
Rank
ยฃ82.97 M
Marketcap
ยฃ12.08
Share price
14.37%
Change (1 day)
171.33%
Change (1 year)

P/E ratio for Alarum Technologies (ALAR)

P/E ratio as of November 2024 (TTM): -4.90

According to Alarum Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.90323. At the end of 2022 the company had a P/E ratio of -0.5714.

P/E ratio history for Alarum Technologies from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-0.5714-62.17%
2021-1.51282.98%
2020-0.3944337.4%
2019-0.0902-57.37%
2018-0.2115

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.