P/E ratio for Grupo ACS (ACS.MC)
P/E ratio as of April 2024 (TTM): 14.8
According to Grupo ACS 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.7599. At the end of 2022 the company had a P/E ratio of 11.4.
P/E ratio history for Grupo ACS from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.4 | 387.92% |
| 2021 | 2.34 | -86.45% |
| 2020 | 17.3 | 13.36% |
| 2019 | 15.3 | -6.06% |
| 2018 | 16.2 | -12.77% |
| 2017 | 18.6 | -0.41% |
| 2016 | 18.7 | 35.79% |
| 2015 | 13.8 | 8.91% |
| 2014 | 12.6 | 12.91% |
| 2013 | 11.2 | -380.95% |
| 2012 | -3.99 | -144.54% |
| 2011 | 8.95 | 1.27% |
| 2010 | 8.84 | -3.28% |
| 2009 | 9.14 |
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.