Ascom Holding
ASCN.SW
#8019
Rank
HK$1.45 B
Marketcap
HK$40.50
Share price
0.22%
Change (1 day)
-52.02%
Change (1 year)

P/E ratio for Ascom Holding (ASCN.SW)

P/E ratio at the end of 2023: 16.7

According to Ascom Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.14714. At the end of 2023 the company had a P/E ratio of 16.7.

P/E ratio history for Ascom Holding from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202316.7-34.97%
202225.6-21.7%
202132.7-55.93%
202074.2-93.7%
2019> 10004400.98%
201826.2-33.57%
201739.4-951.02%
2016-4.63-117.59%
201526.361.59%
201416.313.28%
201314.4-1.55%
201214.67.42%
201113.6-19.52%
201016.91.45%
200916.7-61.21%
200843.0-458.61%
2007-12.0-126.62%
200645.0540.51%
20057.03-63.56%
200419.3-460.03%
2003-5.36

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.