According to AMAG Austria Metall's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.87174. At the end of 2018 the company had a P/E ratio of 25.0.
Year | P/E ratio | Change |
---|---|---|
2018 | 25.0 | -12.15% |
2017 | 28.4 | 12.87% |
2016 | 25.2 | -5.15% |
2015 | 26.5 | 67% |
2014 | 15.9 | 17.99% |
2013 | 13.5 | 17.27% |
2012 | 11.5 | 81.88% |
2011 | 6.31 |
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.