Arwana Citramulia Tbk
ARNA.JK
#7309
Rank
ยฃ0.26 B
Marketcap
ยฃ0.03679
Share price
-0.67%
Change (1 day)
-7.95%
Change (1 year)

P/E ratio for Arwana Citramulia Tbk (ARNA.JK)

P/E ratio as of November 2024 (TTM): 9.97

According to Arwana Citramulia Tbk's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.97404. At the end of 2022 the company had a P/E ratio of 12.6.

P/E ratio history for Arwana Citramulia Tbk from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.61.68%
202112.3-19.47%
202015.33.42%
201914.8-24.71%
201819.7-5.23%
201720.8-50.77%
201642.2-19.72%
201552.6113.63%
201424.6-3.87%
201325.631.13%
201219.5178.15%
20117.024.08%
20106.7458.42%
20094.26

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.