Alma Media
ALMA.HE
#5546
Rank
NZ$1.64 B
Marketcap
$20.02
Share price
-0.89%
Change (1 day)
27.63%
Change (1 year)

P/E ratio for Alma Media (ALMA.HE)

P/E ratio as of November 2024 (TTM): 15.2

According to Alma Media's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.2382. At the end of 2023 the company had a P/E ratio of 13.9.

P/E ratio history for Alma Media from 2010 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202313.929.71%
202210.7-47.68%
202120.4158.62%
20207.89-49.42%
201915.640.14%
201811.1-39.59%
201718.4-26.7%
201625.28.98%
201523.159.44%
201414.5-3.19%
201315.0-29.42%
201221.234.54%
201115.7-16.34%
201018.8-4.4%
200919.7102.81%
20089.71-43.1%
200717.19120.99%
20060.1850-88.22%
20051.57

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.