Asseco Business Solutions
ABS.WA
#6876
Rank
ยฃ0.37 B
Marketcap
ยฃ11.30
Share price
-0.68%
Change (1 day)
12.48%
Change (1 year)

P/E ratio for Asseco Business Solutions (ABS.WA)

P/E ratio as of December 2024 (TTM): 22.1

According to Asseco Business Solutions's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.1261. At the end of 2023 the company had a P/E ratio of 16.9.

P/E ratio history for Asseco Business Solutions from 2010 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202316.929.04%
202213.1-27.27%
202118.012.06%
202016.124.48%
201912.9-13.48%
201814.9-17.11%
201718.0-4.75%
201618.921.92%
201515.5-3.41%
201416.0-1.25%
201316.319.42%
201213.630.36%
201110.4-26.43%
201014.23.9%
200913.7103.16%
20086.72

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.