Delta Plus Group
ALDLT.PA
#7404
Rank
โ‚น41.33 B
Marketcap
โ‚น5,771
Share price
2.69%
Change (1 day)
12.48%
Change (1 year)

P/E ratio for Delta Plus Group (ALDLT.PA)

P/E ratio at the end of 2024: 14.2

According to Delta Plus Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.0605. At the end of 2024 the company had a P/E ratio of 14.2.

P/E ratio history for Delta Plus Group from 2009 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202414.2-5.12%
202315.0-6.04%
202216.0-21.2%
202120.334.97%
202015.021.46%
201912.422.02%
201810.1-31.31%
201714.8154.32%
20165.80-48.76%
201511.388.93%
20145.999.87%
20135.4536%
20124.01-3.47%
20114.15-39.77%
20106.90-47.04%
200913.0

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.