Ascom Holding
ASCN.SW
#8813
Rank
โ‚น13.98 B
Marketcap
โ‚น389.22
Share price
0.29%
Change (1 day)
1.21%
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 7.56956. 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
202316.7-33.48%
202225.2-20.03%
202131.5-55.93%
202071.4-93.7%
2019> 10004548.29%
201824.4-32.06%
201735.9-989.16%
2016-4.04-118.06%
201522.466.04%
201413.515.81%
201311.61.37%
201211.510.54%
201110.4-18.1%
201012.71.45%
200912.5-61.21%
200832.2-458.61%
2007-8.98-126.62%
200633.7549.47%
20055.20-63.07%
200414.1-460.03%
2003-3.91

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.