Ackermans & Van Haaren
ACKB.BR
#1938
Rank
NZ$18.92 B
Marketcap
NZ$578.93
Share price
0.63%
Change (1 day)
40.56%
Change (1 year)

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

P/E ratio at the end of 2024: 14.6

According to Ackermans & Van Haaren's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.2722. At the end of 2024 the company had a P/E ratio of 14.6.

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
202414.611.64%
202313.172.97%
20227.59-41.59%
202113.0-15.25%
202015.341.57%
201910.8-18.25%
201813.20.29%
201713.2-27.59%
201618.231.19%
201513.912.38%
201412.490.41%
20136.49-25.23%
20128.6918.1%
20117.35-11.29%
20108.29-1.72%
20098.4442.7%
20085.9122.76%
20074.8222.23%
20063.9412.81%
20053.4910094.46%
20040.0343

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.