According to Acinque's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.52606. At the end of 2023 the company had a P/E ratio of 37.6.
Year | P/E ratio | Change |
---|---|---|
2023 | 37.6 | 184.14% |
2022 | 13.2 | 20.6% |
2021 | 11.0 | -56.29% |
2020 | 25.1 | 18.01% |
2019 | 21.3 | 1.53% |
2018 | 20.9 | 18.55% |
2017 | 17.7 | 54.73% |
2016 | 11.4 | 16.19% |
2015 | 9.82 | -36.25% |
2014 | 15.4 | 42.47% |
2013 | 10.8 | 41.17% |
2012 | 7.66 | -35% |
2011 | 11.8 | 21.6% |
2010 | 9.69 | -72.47% |
2009 | 35.2 | -40.7% |
2008 | 59.4 | 216.34% |
2007 | 18.8 | -192.3% |
2006 | -20.3 | -167.32% |
2005 | 30.2 | 27.27% |
2004 | 23.7 |
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.