Ackermans & Van Haaren
ACKB.BR
#2178
Rank
NZ$12.37 B
Marketcap
$373.55
Share price
1.99%
Change (1 day)
35.58%
Change (1 year)

P/E ratio for Ackermans & Van Haaren (ACKB.BR)

P/E ratio at the end of 2022: 7.28

According to Ackermans & Van Haaren's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.13681. At the end of 2022 the company had a P/E ratio of 7.28.

P/E ratio history for Ackermans & Van Haaren from 2004 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20227.28-42.5%
202112.7-16.73%
202015.238.82%
201911.0-19.63%
201813.6-1.14%
201713.8-28.55%
201619.328.86%
201515.010.74%
201413.586.92%
20137.23-27.03%
20129.9114.78%
20118.64-13.18%
20109.95-7.52%
200910.838.44%
20087.7720.32%
20076.4620.53%
20065.3610.53%
20054.859910.99%
20040.0484

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.