P/E ratio for AF Gruppen (AFG.OL)
P/E ratio as of April 2025 (TTM): 20.5
According to AF Gruppen's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.5096. At the end of 2022 the company had a P/E ratio of 16.0.
P/E ratio history for AF Gruppen from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.0 | -20.42% |
| 2021 | 20.2 | 6.81% |
| 2020 | 18.9 | -8.7% |
| 2019 | 20.7 | 20.27% |
| 2018 | 17.2 | -17.05% |
| 2017 | 20.7 | -0.04% |
| 2016 | 20.7 | 13.58% |
| 2015 | 18.3 | 17.88% |
| 2014 | 15.5 | 20.03% |
| 2013 | 12.9 | -44.67% |
| 2012 | 23.3 | 104.08% |
| 2011 | 11.4 | 12% |
| 2010 | 10.2 | 23.54% |
| 2009 | 8.26 |
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.