Atea ASA
ATEA.OL
#4944
Rank
ยฃ1.07 B
Marketcap
ยฃ9.57
Share price
1.18%
Change (1 day)
9.18%
Change (1 year)

P/E ratio for Atea ASA (ATEA.OL)

P/E ratio as of November 2024 (TTM): 16.8

According to Atea ASA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.7617. At the end of 2022 the company had a P/E ratio of 15.0.

P/E ratio history for Atea ASA from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202215.0-37.69%
202124.06.39%
202022.6-14.88%
201926.53.62%
201825.612.99%
201722.638.45%
201616.4-16.1%
201519.54.57%
201418.63.91%
201317.949.11%
201212.019.53%
201110.169.2%
20105.95-50.71%
200912.1

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.