According to Alpha Services and Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.7095. At the end of 2022 the company had a P/E ratio of 5.97.
Year | P/E ratio | Change |
---|---|---|
2022 | 5.97 | -1043.86% |
2021 | -0.6321 | -104.53% |
2020 | 13.9 | -47.97% |
2019 | 26.8 | -6.7% |
2018 | 28.7 | -83.8% |
2017 | 177 | 157.7% |
2016 | 68.8 | -10210.88% |
2015 | -0.6807 | -96.07% |
2014 | -17.3 | -10029.1% |
2013 | 0.1746 | -124.53% |
2012 | -0.7117 | 869.04% |
2011 | -0.0734 | -100.12% |
2010 | 62.9 |
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.