Aspen Pharmacare
APN.JO
#2792
Rank
โ‚น411.68 B
Marketcap
โ‚น926.72
Share price
0.26%
Change (1 day)
17.45%
Change (1 year)

P/E ratio for Aspen Pharmacare (APN.JO)

P/E ratio at the end of 2022: 9.04

According to Aspen Pharmacare's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.4974. At the end of 2022 the company had a P/E ratio of 9.04.

P/E ratio history for Aspen Pharmacare from 2003 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20229.04-25.69%
202112.2-10.96%
202013.7134.93%
20195.82-61.15%
201815.0-17.54%
201718.2-42.29%
201631.542.3%
201522.140.9%
201415.7-2.31%
201316.180.85%
20128.8866.09%
20115.35-19.21%
20106.622.39%
20096.479.39%
20085.91-15.51%
20077.00-8.24%
20067.62-53.31%
200516.3276.11%
20044.3421.57%
20033.57

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.