Alliance Resource Partners
ARLP
#3457
Rank
HK$25.56 B
Marketcap
HK$199.65
Share price
-4.21%
Change (1 day)
19.92%
Change (1 year)

P/E ratio for Alliance Resource Partners (ARLP)

P/E ratio as of November 2024 (TTM): 4.60

According to Alliance Resource Partners's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.60085. At the end of 2022 the company had a P/E ratio of 4.63.

P/E ratio history for Alliance Resource Partners from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.63-49.83%
20219.23-312.12%
2020-4.35-223.01%
20193.54-44.33%
20186.35-3.6%
20176.59-0.51%
20166.623.09%
20156.42-28.67%
20149.01-15.08%
201310.611.98%
20129.471.88%
20119.30-5.57%
20109.84-19.19%
200912.210.13%
200811.1-6.68%
200711.95.07%
200611.3-22.97%
200514.6-22.75%
200419.050.68%
200312.6-32.44%
200218.6-27.56%
200125.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
3.38-26.63%๐Ÿ‡บ๐Ÿ‡ธ USA
2.73-40.72%๐Ÿ‡บ๐Ÿ‡ธ USA
7.83 70.21%๐Ÿ‡บ๐Ÿ‡ธ USA
4.69 1.85%๐Ÿ‡บ๐Ÿ‡ธ USA

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.