ABO Energy
AB9.DE
#7318
Rank
โ‚น29.81 B
Marketcap
โ‚น3,101
Share price
0.00%
Change (1 day)
-19.23%
Change (1 year)

P/E ratio for ABO Energy (AB9.DE)

P/E ratio at the end of 2023: 12.6

According to ABO Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.1405. At the end of 2023 the company had a P/E ratio of 12.6.

P/E ratio history for ABO Energy from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202312.6-51.5%
202225.9-21.03%
202132.823.64%
202026.6

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.