Austal Limited
ASB.AX
#5798
Rank
โ‚น73.40 B
Marketcap
โ‚น202.50
Share price
5.41%
Change (1 day)
65.18%
Change (1 year)

P/E ratio for Austal Limited (ASB.AX)

P/E ratio at the end of 2023: -58.2

According to Austal Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -92.4977. At the end of 2023 the company had a P/E ratio of -58.2.

P/E ratio history for Austal Limited from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-58.2-873.44%
20227.52-3.12%
20217.76-32.87%
202011.6-33.55%
201917.424.1%
201814.0-59.36%
201734.5-918.7%
2016-4.22-144.34%
20159.510.57%
20149.45142.66%
20133.90-76.54%
201216.620.46%
201113.869.61%
20108.13-80.91%
200942.6567.7%
20086.38-44.32%
200711.52.72%
200611.140.93%
20057.91-28.52%
200411.1-226.27%
2003-8.76-192.79%
20029.45-30.27%
200113.5

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.