P/E ratio for AddLife AB (ALIF-B.ST)
P/E ratio as of April 2025 (TTM): 69.1
According to AddLife AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 69.1496. At the end of 2023 the company had a P/E ratio of 70.1.
P/E ratio history for AddLife AB from 2016 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 70.1 | 155.72% |
| 2022 | 27.4 | -56.64% |
| 2021 | 63.3 | 102.84% |
| 2020 | 31.2 | -45.37% |
| 2019 | 57.1 | 53.66% |
| 2018 | 37.1 | 7.85% |
| 2017 | 34.4 | 45.85% |
| 2016 | 23.6 |
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.