According to Alfamart's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.3489. At the end of 2022 the company had a P/E ratio of 38.5.
Year | P/E ratio | Change |
---|---|---|
2022 | 38.5 | 47.12% |
2021 | 26.2 | -16.3% |
2020 | 31.3 | -4.72% |
2019 | 32.8 | -44.98% |
2018 | 59.7 | -29.23% |
2017 | 84.4 | 95.6% |
2016 | 43.1 | -16.49% |
2015 | 51.6 | 47.4% |
2014 | 35.0 | 11.03% |
2013 | 31.6 | -22.1% |
2012 | 40.5 |
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.