Alfen
ALFEN.AS
#7665
Rank
ยฃ0.20 B
Marketcap
ยฃ9.31
Share price
-1.45%
Change (1 day)
-75.92%
Change (1 year)

P/E ratio for Alfen (ALFEN.AS)

P/E ratio at the end of 2021: 83.2

According to Alfen 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4345. At the end of 2021 the company had a P/E ratio of 83.2.

P/E ratio history for Alfen from 2018 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202183.2-32.42%
2020123121.5%
201955.6-104.84%
2018< -1000

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.