Ackermans & Van Haaren
ACKB.BR
#2000
Rank
NZ$17.07 B
Marketcap
NZ$521.54
Share price
0.68%
Change (1 day)
51.44%
Change (1 year)

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

P/E ratio at the end of 2024: 12.7

According to Ackermans & Van Haaren's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.575. At the end of 2024 the company had a P/E ratio of 12.7.

P/E ratio history for Ackermans & Van Haaren from 2004 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202412.711.64%
202311.472.97%
20226.59-41.59%
202111.3-15.25%
202013.341.57%
20199.41-18.25%
201811.50.29%
201711.5-27.59%
201615.831.19%
201512.112.38%
201410.890.41%
20135.65-25.23%
20127.5518.1%
20116.39-11.29%
20107.21-1.72%
20097.3342.7%
20085.1422.76%
20074.1922.23%
20063.4312.81%
20053.0410094.46%
20040.0298

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.