Aussie Broadband Limited
ABB.AX
#5988
Rank
ยฃ0.73 B
Marketcap
ยฃ2.53
Share price
0.00%
Change (1 day)
31.50%
Change (1 year)

P/E ratio for Aussie Broadband Limited (ABB.AX)

P/E ratio at the end of 2024: 33.7

According to Aussie Broadband Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 51.8585. At the end of 2024 the company had a P/E ratio of 33.7.

P/E ratio history for Aussie Broadband Limited from 2021 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202433.77.45%
202331.3-75.69%
2022129-259.34%
2021-80.9

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.