Aker ASA
AKER.OL
#3296
Rank
โ‚น299.91 B
Marketcap
โ‚น4,037
Share price
0.75%
Change (1 day)
-26.90%
Change (1 year)

P/E ratio for Aker ASA (AKER.OL)

P/E ratio as of December 2024 (TTM): 1.97

According to Aker ASA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.96581. At the end of 2015 the company had a P/E ratio of -6.69.

P/E ratio history for Aker ASA from 2009 to 2016

PE ratio at the end of each year

Year P/E ratio Change
2015-6.69-97.76%
2014-299-1513.27%
201321.2-99.52%
2012> 100055018.39%
20117.93-95.02%
2010159-3572.42%
2009-4.58

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.