Amaero International Ltd
3DA.AX
#8382
Rank
โ‚น23.57 B
Marketcap
โ‚น24.74
Share price
-4.00%
Change (1 day)
71.66%
Change (1 year)

P/E ratio for Amaero International Ltd (3DA.AX)

P/E ratio at the end of 2024: -9.77

According to Amaero International Ltd's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.6997. At the end of 2024 the company had a P/E ratio of -9.77.

P/E ratio history for Amaero International Ltd from 2020 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-9.77231.05%
2023-2.95-29.87%
2022-4.21-72.21%
2021-15.1324.64%
2020-3.56

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.