P/E ratio for Ampol (ALD.AX)
P/E ratio at the end of 2021: 17.4
According to Ampol's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.08882. At the end of 2021 the company had a P/E ratio of 17.4.
P/E ratio history for Ampol from 2001 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 17.4 | -191.1% |
| 2020 | -19.0 | -159.03% |
| 2019 | 32.3 | 94.07% |
| 2018 | 16.6 | -9.56% |
| 2017 | 18.4 | 0.78% |
| 2016 | 18.2 | -32.7% |
| 2015 | 27.1 | -95.21% |
| 2014 | 566 | 4914.65% |
| 2013 | 11.3 | -87.19% |
| 2012 | 88.2 | -2120.93% |
| 2011 | -4.36 | -136% |
| 2010 | 12.1 | 38.2% |
| 2009 | 8.77 | -88.86% |
| 2008 | 78.7 | 748.45% |
| 2007 | 9.27 | -44.95% |
| 2006 | 16.8 | 46.83% |
| 2005 | 11.5 | 45.05% |
| 2004 | 7.91 | -17.92% |
| 2003 | 9.64 | 136.54% |
| 2002 | 4.07 | -228.36% |
| 2001 | -3.17 |
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.