Aboitiz Power
ABZPY
#2858
Rank
HK$36.57 B
Marketcap
HK$90.33
Share price
0.00%
Change (1 day)
-14.64%
Change (1 year)

P/E ratio for Aboitiz Power (ABZPY)

P/E ratio as of November 2024 (TTM): 7.05

According to Aboitiz Power's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.05176. At the end of 2022 the company had a P/E ratio of 10.3.

P/E ratio history for Aboitiz Power from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.3-9.88%
202111.4-29.37%
202016.2-4.71%
201917.021.32%
201814.0-6.79%
201715.0-15.09%
201617.7-6.86%
201519.07.63%
201417.7

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.